Use the forecast errors given here to compute MAD and MSE. Discuss the information yielded by each

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Use the forecast errors given here to compute MAD and MSE. Discuss the information yielded by each type of error measurement.
Period .... e
1 ...... 2.3
2 ...... 1.6
3 ..... -1.4
4 ..... 1.1
5 .... .3
6 .... -.9
7 .... -1.9
8 .... -2.1
9 .... .7

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Business Statistics For Contemporary Decision Making

ISBN: 978-1118749647

8th edition

Authors: Black Ken

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Question Posted: Feb 19, 2015 09:22 AM

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Use the forecast errors given here to compute MAD and MSE. Discuss the information yielded by each

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Period e e 2 1 230 230 529 2 160 160 ...View the full answer

Business Statistics For Contemporary Decision Making

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