Question: please show work and formulas or procedures. no excel please just handwritten Given the following data of actual sales and forecast for the five months:

please show work and formulas or procedures. no excel please just handwritten please show work and formulas or procedures. no
Given the following data of actual sales and forecast for the five months: Month 1, Month 2, Month 3, Month 4, and Month 5: Actual Sales 50 40 Month 1 2. 3 4 5 Forecast 55 50 40 50 65 45 55 65 (a) Calculate the Mean Absolute Percent Error (MAPE). (2 Points) (b) Calculate the Mean Square Error (MSE)(2 Points) () Calculate the Mean Absolute Deviation (MAD). (2 Points)

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!