Question: I need help this question, please. I have to finish this until May 20. Please help me out. o Two different forecasting techniques (F1 and

I need help this question, please.

I have to finish this until May 20. Please help me out.I need help this question, please. I have toI need help this question, please. I have toI need help this question, please. I have to

o Two different forecasting techniques (F1 and F2) were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows: pped Period 1 2 3 4 5 6 7 8 Demand 68 75 70 74 69 72 80 78 PREDICTED DEMAND F1 F2 62 64 66 62 71 70 67 73 73 76 67 79 73 79 77 80 Book Click here for the Excel Data File Print a. Compute MAD for each set of forecasts. Given your results, which forecast appears to be more accurate? (Round your answers to 2 decimal places.) O erences MAD F1 MAD F2 appears to be more accurate, w 10 .76 oints Skipped b. Compute the MSE for each set of forecasts. Given your results, which forecast appears to be more accurate? (Round your answers to 2 decimal places.) eBook Print MSE F1 MSE F2 References appears to be more accurate Mc Graw Hill MacBook Air Check my work c. In practice, either MAD or MSE would be employed to compute forecast errors. What factors might lead a manager to choose one rather than the other? Either one might already be in use, familiar to users, and have past values for comparison. If are used, MSE would be natural, if are used, MAD woul d. Compute MAPE for each data set. Which forecast appears to be more accurate? (Round your intermediate calculations to 2 decimal places and and final answers to 2 decimal places.) MAPE F1 MAPE F2 appears to be more accurate MacBook Air

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