Question: Wk Qu. 04-12 Given forecast errors... Given forecast errors of 4, 8, and 3, what is the mean absolute deviation (MAD) and mean square error

Wk Qu. 04-12 Given forecast errors... Given forecast errors of 4, 8, and 3, what is the mean absolute deviation (MAD) and mean square error (MSE)? Note: Round your answers to 2 decimal places

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 Mathematics Questions!