Question: Can some one please explain how to determine the Forecast Forecast Error Squared Forecast Error for the following data below. Thank you Year Quarter y

Can some one please explain how to determine the

Forecast

Forecast Error

Squared Forecast Error

for the following data below. Thank you

Year

Quarter

yt

1

1

1690

1

2

940

1

3

2625

1

4

2500

2

1

1800

2

2

900

2

3

2900

2

4

2360

3

1

1850

3

2

1100

3

3

2930

3

4

2615

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