Months 1 2 7475AEN 3 15 Given the following data, compute MAD, MSE, and MAPE for...
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Months 1 2 7475AEN 3 15 Given the following data, compute MAD, MSE, and MAPE for the following data. Then, please compute the standard deviation of forecast error using the first eight months. Demand 210 240 230 240 280 222 220 250 Forecast 222 235 225 245 265 250 220 273 Forecast Error -12 s 5 |--S 15 -28 10 123722 -23 -43 (A-F) ERROR 12 15 5 5 15 28 10 23 93 Forecast ERROR 144 25 25 25 225 784 b $29 1757 ERROR Actual 100 5.71% 2.08% 2.17% 2.08% 5.36% 12.61% 0% 9.2% 39.21% Months 1 2 7475AEN 3 15 Given the following data, compute MAD, MSE, and MAPE for the following data. Then, please compute the standard deviation of forecast error using the first eight months. Demand 210 240 230 240 280 222 220 250 Forecast 222 235 225 245 265 250 220 273 Forecast Error -12 s 5 |--S 15 -28 10 123722 -23 -43 (A-F) ERROR 12 15 5 5 15 28 10 23 93 Forecast ERROR 144 25 25 25 225 784 b $29 1757 ERROR Actual 100 5.71% 2.08% 2.17% 2.08% 5.36% 12.61% 0% 9.2% 39.21%
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Answer rating: 100% (QA)
To calculate the Mean Absolute Deviation MAD Mean Squared Error MSE and Mean Absolute Percentage Error MAPE based on the provided data well use the fo... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Posted Date:
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