Question: Given forecast errors of 15, 4, and -4, what is the mean absolute deviation (MAD) and mean square error (MSE)? (Round your answer to
Given forecast errors of 15, 4, and -4, what is the mean absolute deviation (MAD) and mean square error (MSE)? (Round your answer to 2 decimal places.) Mean absolute deviation (MAD) (Round your answer to 2 decimal places.) Mean square error (MSE)
Step by Step Solution
There are 3 Steps involved in it
To calculate the Mean Absolute Deviation MAD we take the average of the absolute val... View full answer
Get step-by-step solutions from verified subject matter experts
