Question: Question 5 Based on the data given: period 1 actual demand is 3 5 , forecast is 4 3 , period 2 actual demand is

Question 5
Based on the data given: period 1 actual demand is 35, forecast is 43, period 2 actual demand is 44, forecast is 33, period 3 actual demand is 33, forecast is 40 and period 4 actual demand is 29, forecast is 35. Calculate the mean squared error, rounded to one decimal place.
Integer, decimal, or E notation allowed
 Question 5 Based on the data given: period 1 actual demand

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!