The table below shows the results of two methods (Forecast 1 andForecast 2) of forecasting for frozen prepared dinners, as well asthe demand for the five periods.
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PREDICTED DEMAND |
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| Period | Demand | F1 | F2 |
| 1 | 68 | 67 | 65 |
| 2 | 75 | 67 | 66 |
| 3 | 70 | 73 | 70 |
| 4 | 74 | 69 | 69 |
| 5 | 69 | 72 | 72 |
| 6 | 72 | 66 | 73 |
| 7 | 80 | 70 | 75 |
| 8 | 78 | 77 | 81 |
| a. |
Compare the accuracy of Forecast 1 and Forecast 2 by calculatingthe Mean Absolute Deviation for each one. Which is more accurate?(Round your answers OR
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