A marketing manager is forecasting the sales of cars per week. Determine the error for each of
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A marketing manager is forecasting the sales of cars per week. Determine the error for each of the following forecasts. Then, calculate MAD and MSE. Period Value Forecast Error 1 202 — — 2 191 202 3 173 192 4 169 181 5 171 174 6 175 172 7 182 174 8 196 179 9 204 189 10 219 198 11 227 211
Related Book For
Essentials of Marketing
ISBN: 978-0078028885
13th edition
Authors: William D. Perreault, Joseph P. Cannon
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