Question: Based on the data shown in the table below, Calculate the forecasting performance measures using the following methods. [Show all your calculations and put each
Based on the data shown in the table below,
Calculate the forecasting performance measures using the following methods. [Show all your calculations and put each of your final answers in the box in front of each method].
| Period | A | F |
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|
|
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| 1 | 54 | 58 |
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|
|
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| 2 | 47 | 56 |
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|
|
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| 3 | 50 | 52 |
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|
|
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| 4 | 42 | 51 |
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|
|
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Mean Absolute Deviation (MAD)=
|
Mean Squared Error (MSE)=
|
Mean absolute percent error (MAPE) =
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