Question: 45 Absolute Error Week Error Error ^2 Demand Moving Avg. 20 31 1 2 40 3 36 35 4 38 5 42 30 6 40

45 Absolute Error Week Error Error ^2 Demand

45 Absolute Error Week Error Error ^2 Demand Moving Avg. 20 31 1 2 40 3 36 35 4 38 5 42 30 6 40 MADE MSE = 25 Demand Forecast of 20 Demand Moving Avg. Forecast a = 0.2 Linear Reg 15 Absolute Error 0.2 Error Error ^2 Week 1 Demand 20 10 2 31 5 3 36 38 4 42 5 6 0 0 2 5 6 7 40 3 4 Week MAD = MSE Absolute Error Week Linear Reg. Error Error 42 Demand 20 Using MAD and MSE, which forcasting model is best? 1 2 3 Are your results the same using the two error measurements? 4 31 36 38 42 40 5 6 MAD = MSE

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