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A Forecasting Method Has Produced the Following Over the Past

Question 76

Multiple Choice

A forecasting method has produced the following over the past five months. What is the mean absolute deviation?
 Actual  Forecast  Error  Error 101111810221082266009811\begin{array}{|c|c|c|c|}\hline \text { Actual } & \text { Forecast } & \text { Error } & \mid \text { Error } \mid \\\hline 10 & 11 & -1 & 1 \\\hline 8 & 10 & -2 & 2 \\\hline 10 & 8 & 2 & 2 \\\hline 6 & 6 & 0 & 0 \\\hline 9 & 8 & 1 & 1 \\\hline\end{array}


A) -0.2
B) -1.0
C) 0.0
D) 1.2
E) 8.6

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