Question: kindly solve this as soon as possible Consider the below Table. Quarters 1 Actual number of inflation rates 2.12 1.94 2.10 2.18 Number predicted by

kindly solve this as soon as possible Consider

kindly solve this as soon as possible

Consider the below Table. Quarters 1 Actual number of inflation rates 2.12 1.94 2.10 2.18 Number predicted by the FED 2.15 1.76 1.98 2.14 Number predicted by the IMF 2. 51 1.97 1.99 2 3 4 2.17 a. Calculate the Mean Absolute Error (MAE) and Mean Squared Error (MSE) for the prediction made by the FED b. Calculate the Mean Absolute Error (MAE) and Mean Squared Error (MSE) for the prediction made by the IMF C. Compare the two sets of forecasts

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