What is the mean absolute deviation of the following forecasts?

A) 3174
B) 164
C) 41
D) 136
E) -34

Name: What is the mean absolute deviation of the following forecasts? A) 3174 B) 164 C) 41 D) 136 E) -34
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Question

What is the mean absolute deviation of the following forecasts?

A) 3174 
B) 164 
C) 41 
D) 136 
E) -34

Quizplus · Accepted Answer

11ea8e10_ac22_479b_8f12_5bf4bd4d751b_TB5472_00 Using the month of January as an example, 614 - 600 = 14 / 4 = 3.5
Do this for each month then add all four errors.
Feb (0)
Mar (12.5)
Apr (25)

What Is the Mean Absolute Deviation of the Following Forecasts