Question: 1. compute MAD 2.compute MSE Ch. 3 Forecasting assignments 0 Saved Help Save & Exit Submit Check my work 4 Problem 3-21 (Algo) 10 points

1. compute MAD 2.compute MSE Ch. 3 Forecasting 1. compute MAD

2.compute MSE

Ch. 3 Forecasting assignments 0 Saved Help Save & Exit Submit Check my work 4 Problem 3-21 (Algo) 10 points Two different forecasting techniques (F1 and F2) were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows: eBook Period 1 2 3 Print PREDICTED DEMAND F1 P2 61 63 68 60 75 70 65 67 73 76 70 74 75 75 85 Demand 68 75 70 70 69 32 80 78 References 5 6 7 8 Click here for the Excel Data File a. Compute MAD for each set of forecasts. Given your results, which forecast appears to be more accurate? (Round your answers to 2 decimal places. MAD F1 MAD F2

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