Question: Please help with MSE formula. Two different forecasting techniques (F1 and F2) were used to forecast demand for cases of bottled water. Actual demand and

Please help with MSE formula. Two different

Please help with MSE formula.

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: Period 8 2 3 4 5 6 Demand 68 75 70 74 69 72 80 78 PREDICTED DEMAND F1 F2 66 66 68 68 72 70 71 72 72 74 70 76 71 78 74 80 HSR 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.) Answer is complete but not entirely correct. MSE F1 MSE F2 22.00 13.25

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