Question: Problems 4 - 6 are as follows: Two different forecasting techniques ( Forecast 1 and Forecast 2 ) were used to forecast demand for cases

Problems 4-6 are as follows: Two different forecasting techniques (Forecast 1 and Forecast 2) were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows. (Round to 3 decimal places). Predicted Demand Month Actual Demand Forecast 1 Forecast 21606159270687136568624707169 Do not round intermediate calculations. If necessary, round the final answer to 4 decimal places. Problem 4: Compute the MSE for Forecast 1. Problem 5: Compute the MSE for Forecast 2. Problem 6: Which forecast is more precise?

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