Question: Compute the mean absolute deviation ( MAD ) , the mean squared error ( MSE ) , the bias, and the mean average percent error
Compute the mean absolute deviation MAD the mean squared error MSE the bias, and the mean average percent error MAPE for the following forecast. Note: the actual demand values
are designated by and the forecast values by
Click the icon to view the table of the actual observations and forecasted values for each period.
The mean absolute deviation MAD is
Enter your response rounded to one decimal place.
The mean squared error MSE is
Enter your response rounded to one decimal place.
The bias is
Enter your response rounded to one decimal place.
The mean average percent error MAPE is
Enter your response rounded to two decimal places.
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