Question: Evaluate and select forecasting models using various measures of accuracy and bias. Total Sales 5520 4320 4212 4987 5545 Probability Probability of Rain (%) of

Evaluate and select forecasting models using various measures of accuracy and bias.

Total Sales 5520 4320 4212 4987 5545 Probability Probability of Rain (%) of Rain (%) 5 day 2 day forecast forecast 10 40 20 30 30 10 50 40 80 80 90 90 60 30 70 30 90 30 100 50 100 100 20 70 10 10 6023 4590 4733 4923 4687 Day Monday Tuesday Wednesday Thursday Friday Saturday Monday Tuesday Wednesday Thursday Friday Saturday Monday Tuesday Wednesday Thursday Friday Saturday Monday Tuesday Wednesday Thursday Friday Saturday 5988 6132 5324 10 10 4526 10 5232 10 50 50 5684 70 5911 20 60 6328 60 20 20 4932 15 15 5235 50 5862 20 20 20 4862 10 80 6100 60 70 6255

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