Determine the value of the mean absolute deviation


Determine the value of the mean absolute deviation (MAD) for the forecasting technique whose forecasts for four past periods and the subsequent actual values are given below?

Actual 129 134 138 142

Forecast 136 126 130 146

1.25
2.50
0.50
6.75
5.25

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Basic Statistics: Determine the value of the mean absolute deviation
Reference No:- TGS0862818

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