Question: ABC Inc is exploring two different forecasting methods. Below are the forecasts from each of the methods as well as the actuals. Month January February
ABC Inc is exploring two different forecasting methods. Below are the forecasts from each of the methods as well as the actuals.
Month
January February March April
Actual Method Method sales A B
pts
a Evaluate the results of oth methods using MAD points b Evaluate the results of both methods using MSE points c Evaluate the results of oth methods using MAPE points d Which method do you recommend? point
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