Question: An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data: ( 4 year ago Quantity

An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data: (4 year ago Quantity sold was 1022),(3 year ago Quantity sold was 1223),(2 year ago Quantity sold was 1701) and the last year Quantity sold was 1902. The previous trend line had predicted 1206 for three years ago, 1262 for two years ago and 1318 for last year. What was the mean squared error (MSE) for these forecasts?

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