Assume the Following Information

Multiple Choice

Assume the following information:
Predicted Value of Realized Value of
Period New Zealand Dollar New Zealand Dollar
1 $.52 $.50
2 .54 .60
3 .44 .40
4 .51 .50
Given this information,the mean absolute forecast error as a percentage of the realized value is about:

A) 1.5%.
B) 26%.
C) 6%.
D) 6.5%.
E) none of the above