Question: Average Forecasting Open the same file CE excel, average sheet. Use average forecasting to calculate the forecast value in column C . The forecast value
Average Forecasting
Open the same file CE excel, "average" sheet.
Use average forecasting to calculate the forecast value in column C The forecast value of week is
Then calculate the forecast error value in column E The forecast error of week is
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Then calculate the absolute forecast error value in column G The MAE is
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Then calculate the squared forecast error value in column I. The MSE is
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Then calculate the percentage forecast error value in column K and absolute percentage forecast error value in column M The MAPE is
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