Question: Use the following problem statement to answer questions 1 - 6 . John rents a tractor to contractors and walk - in customers. He has
Use the following problem statement to answer questions
John rents a tractor to contractors and walkin customers. He has prepared a forecast for weeks through The actual demands of the tractor and the forecasts made for each of the last weeks are shown in the table below. Round to four decimal places. Note: Forecast error Et Dt Ft MAD Etn MSE Etn MAPE EtDtn
Week Demand Forecast
What is the absolute forecast error for week
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What is the value of MSE?
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What is the value of MAPE?
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What is the absolute percent error for week
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What is the squared error for week
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What is the value of MAD?
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