Question: Problem 3-21 (Static) Two different forecasting techniques (F1 and F2) were used to forecast demand for cases of bottled water. Actual demand and the two

Problem 3-21 (Static) Two different forecasting
Problem 3-21 (Static) Two different forecasting
Problem 3-21 (Static) 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: Porded 1 Demand 68 75 7e 74 3 KRENE PREDICTED DEMAND F 2 66 66 55 68 72 20 73 72 74 70 76 71 78 74 80 72 7 8 78 Chere for the relata Fe 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 not complete MSE F1 22.00 MSE F2

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