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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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