Question: Directions: Answer the following question in a Microsoft Excel document. 1. Given the data in Table below, compute the error measurements indicated. a. Calculate Error,

Directions: Answer the following question in a

Directions: Answer the following question in a Microsoft Excel document. 1. Given the data in Table below, compute the error measurements indicated. a. Calculate Error, Error Squared, Absolute Error and Absolute Percentage Error. (2.5 marks each = 10 marks) b. Calculate CFE, MSE, MAD and MAPE. (5 marks each = 20 marks) Month Demand Forecast Error Error Squared Absolute Error Absolute Percentage Error 1 50 57 2 60 53 3 55 55 4 45 57 5 70 50 6 58 52 7 64 64 8 53 61 9 59 59 10 62 56 Prepare this assignment in Microsoft Excel document. Submit this assignment to your instructor via the dropbox. This assignment is worth 30 marks

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