Measuring Forecast Accuracy
Response to the following problem:
You are hired as a consultant to assess a firm's ability to forecast. The firm has developed a point forecast for two different currencies presented in the following table. The firm asks you to determine which currency was forecasted with greater accuracy.
![2046_different currencies.jpg](https://secure.tutorsglobe.com/CMSImages/2046_different currencies.jpg)
Make sure you use enough details to support your answer.