Question: Calculate the forecasting performance measures using the following methods. Period A F 1 54 58 2 47 56 3 50 52 4 42 51 a)

Calculate the forecasting performance measures using the following methods.

Period

A

F

1

54

58

2

47

56

3

50

52

4

42

51

a) Show full working out for Mean Absolute Deviation (MAD)=

b) Show full working out for Mean Squared Error (MSE)=

c) Show full working out for Mean absolute percent error (MAPE) =

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