Question: Please use the chart below to answer my question.. There are five products for which you have to create a forecast. You must apply the
Please use the chart below to answer my question.. There are five products for which you have to create a forecast. You must apply the calculations for mean error, mean absolute percent error, and mean squared error to the cumulative mean for each of the five products. Save your answers and proceed to answer the quiz questions. Hints (please pay special attention to these suggestions as you are likely to miss the correct answer otherwise): For the cumulative mean forecast, the first forecasted value should be in period three because you need at least two values to average. Your cumulative mean forecast should be rounded to not include any decimals. Pay close attention to the formatting that is requested in each of the questions. The questions are as follows: What is the mean absolute percent error for the cumulative mean forecast for Product A? What is the mean error for the cumulative mean forecast for Product B? What is the mean squared error for the cumulative mean forecast for Product C? What is the mean absolute percent error for the cumulative mean forecast for Product D? What is the mean absolute percent error for the cumulative mean forecast for Product E?
| Period | Product A | Product B | Product C | Product D | Product E |
| 1 | 96 | 107 | 164 | 168 | 217 |
| 2 | 98 | 94 | 156 | 200 | 190 |
| 3 | 103 | 98 | 161 | 194 | 184 |
| 4 | 97 | 100 | 155 | 177 | 196 |
| 5 | 104 | 95 | 152 | 172 | 185 |
| 6 | 96 | 106 | 155 | 195 | 208 |
| 7 | 103 | 102 | 153 | 193 | 196 |
| 8 | 103 | 104 | 150 | 191 | 199 |
| 9 | 103 | 95 | 151 | 182 | 219 |
| 10 | 103 | 90 | 158 | 181 | 204 |
| 11 | 99 | 107 | 159 | 161 | 215 |
| 12 | 103 | 103 | 154 | 189 | 182 |
| 13 | 100 | 90 | 159 | 171 | 212 |
| 14 | 105 | 104 | 155 | 174 | 196 |
| 15 | 96 | 103 | 154 | 163 | 181 |
| 16 | 97 | 103 | 162 | 195 | 200 |
| 17 | 103 | 92 | 158 | 190 | 210 |
| 18 | 100 | 94 | 164 | 178 | 213 |
| 19 | 102 | 108 | 158 | 198 | 209 |
| 20 | 100 | 104 | 154 | 166 | 208 |
| 21 | 97 | 100 | 162 | 187 | 191 |
| 22 | 99 | 94 | 159 | 166 | 216 |
| 23 | 95 | 93 | 152 | 186 | 199 |
| 24 | 99 | 106 | 163 | 167 | 188 |
| 25 | 102 | 102 | 150 | 172 | 183 |
| 26 | 105 | 102 | 153 | 182 | 219 |
| 27 | 100 | 94 | 154 | 176 | 217 |
| 28 | 96 | 93 | 153 | 169 | 205 |
| 29 | 101 | 93 | 152 | 166 | 219 |
| 30 | 98 | 97 | 150 | 187 | 202 |
| 31 |
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