A company has actual unit demand for three consecutive years of 150, 167, and 162. The...
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A company has actual unit demand for three consecutive years of 150, 167, and 162. The respective forecasts for the same three years are 141, 137, and 185. What is the resulting MAD, MSE, and MAPE that can be computed from this data? Please keep two decimals. Part a: 5 points Determine the MAD. Part b: 5 points Determine the MSE. Part c: 5 points Determine the MAPE. (Give your answer in percent.) Locally stored answer: Locally stored answer: Locally stored answer: A company has actual unit demand for three consecutive years of 150, 167, and 162. The respective forecasts for the same three years are 141, 137, and 185. What is the resulting MAD, MSE, and MAPE that can be computed from this data? Please keep two decimals. Part a: 5 points Determine the MAD. Part b: 5 points Determine the MSE. Part c: 5 points Determine the MAPE. (Give your answer in percent.) Locally stored answer: Locally stored answer: Locally stored answer:
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Part a Calculate the Mean Absolute Deviation MAD Absolute differences ... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0324312140
16th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
Posted Date:
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