Question: 1. Two forecasting methods have been used to evaluate the same economic time series. The results are: a. Compare the effectiveness of these methods by

1. Two forecasting methods have been used to

1. Two forecasting methods have been used to evaluate the same economic time series. The results are: a. Compare the effectiveness of these methods by computing the MSE, the MAD, and the MAPE. b. Do each of the measures of forecasting accuracy indicate that the same forecasting technique is best? If not, why? c. By observing the type of data you have

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