Question: Two forecasting methods have been used to evaluate the same results are table [ [ Forecast from Method 1 , Forecast from Method 2

Two forecasting methods have been used to evaluate the same results are

\

table

[[

Forecast from Method

1,

Forecast from Method

2,

Realized Value of the Series

], [223, 210, 256], [289, 320, 340], [430, 390, 375], [134, 112, 110], [190, 150, 225], [550, 490, 525]]

Compare the effectiveness of these methods by computing the MSE, the MAD, and the MAPE. Do each of the measures of forecasting accuracy indicate that the same forecasting technique is best? If not, why?

Two forecasting methods have been used to

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