Question: a . Calculate MSE and MAD for each prediction method. Which prediction method is superior? Explain. b . Calculate MAPE for each prediction method. c

a. Calculate MSE and MAD for each prediction method. Which prediction method is superior? Explain. b. Calculate MAPE for each prediction method. c. Use the given sales data to make predictions about sales from month 2 to month 11 using simple prediction methods. Then calculate each of the following: (1) MSE, (2) MAD, (3) tracking indicators at month 10, and (4)2s control limits. What can be concluded when comparing the results of simple prediction methods with the previous two techniques?

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