Given the following data, compute the MAD (mean absolute deviation) for the forecasts. Round your answer to two decimal places. For example, if your answer is 3, enter 3.00. Year Actual Demand Forecast Your Answer: 2015 2016 2017 16.4 17.1 22.8 15.6 25.4 21.0 Answer

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Given the following data, compute the MAD (mean absolute deviation) for the
forecasts. Round your answer to two decimal places. For example, if your answer is
3, enter 3.00.
Year Actual Demand Forecast Your Answer:
2015
2016
2017
16.4
17.1
22.8
15.6
25.4
21.0
Answer
Transcribed Image Text:Given the following data, compute the MAD (mean absolute deviation) for the forecasts. Round your answer to two decimal places. For example, if your answer is 3, enter 3.00. Year Actual Demand Forecast Your Answer: 2015 2016 2017 16.4 17.1 22.8 15.6 25.4 21.0 Answer
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