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Q7 Period Predicted value of GBP Realized value of GBP 1 $1.5 1.40 2 1.45 1.45 3 1.6 1.45 4 1.35 1.50 Given this information,

Q7

Period

Predicted value of GBP Realized value of GBP
1 $1.5 1.40
2 1.45 1.45
3 1.6 1.45
4 1.35 1.50

Given this information, calculate the percentage forecast error:

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