Question: Use the following data to answer Questions 8 and 9. Actual Value Forecast Value 45 44 55 56 57 52 48 50 50 48 8.
Use the following data to answer Questions 8 and 9.
| Actual Value | Forecast Value | |||
| 45 | 44 | |||
| 55 | 56 | |||
| 57 | 52 | |||
| 48 | 50 | |||
| 50 | 48 |
8. Calculate MAD
- 2.2
- 5.0
- 1.0
- 1.6
9. Calculate MSE
- 7.0
- 35.0
- 5.9
- 4.1
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