Question: Problems 4 - 6 are as follows: ( Round to 3 decimal places ) Two different forecasting techniques ( Forecast 1 and Forecast 2 )
Problems are as follows: Round to decimal places
Two different forecasting techniques Forecast and Forecast were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows. Round to decimal places
tablePredicted,DemandMonthActual Demand,Forecast Forecast
Problem : Compute the MSE for Forecast Your answer
Problem : Compute the MSE for Forecast Your answer
Problem : Which forecast appears to be more accurate? Your answer
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