Question: Given forecast errors of 8 , 1 0 , and 5 , what is the mean absolute deviation ( MAD ) and mean square error

Given forecast errors of 8,10, and 5, what is the mean absolute deviation (MAD) and mean square error (MSE)?
Note: Round your answer to 2 decimal places.
Note: Round your answer to 2 decimal places.Mean square error (MSE)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!