Question: Two servers at a restaurant predict (using some mental model) how many guests will come to dinner over the next four days. The first server

Two servers at a restaurant predict (using some mental model) how many guests will come to dinner over the next four days. The first server predicts the number of guests to be 23 for Day 1, 25 for Day 2, 30 for Day 3, and 28 for Day 4. The second server predicts 26, 27, 28, 29 for the four respective days. The actual attendance turns out to be 30, 22, 31, and 25.

For your answer, provide a table of the Forecast Errors in this format (copy this table and fill it in for your answer).

FE

MSE

MAE

First Method

Second Method

Which of the methods, if any, are unbiased?

Which of the methods has the "better" prediction? Why?

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