Question 1: You are hired as a consultant to assess a firm's ability to forecast. The firm has developed a point forecast for two dif- ferent currencies presented in the following table. The firm asks you to determine which currency was forecasted with greater accuracy. Actual Actual Period Yen Forecast Yen Value Pound Pound Forecast Value 1 $.0050 $.0051 $1.50 $1.51 234 .0048 .0052 1.53 1.50 .0053 .0052 1.55 1.58 .0055 .0056 1.49 1.52