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 to month using simple prediction methods. Then calculate each of the following: MSE, MAD, tracking indicators at month and s control limits What can be concluded when comparing the results of simple prediction methods with the previous two techniques?
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