Question: You have been using a very simple, niiave forecasting technique. You are using the previous month's data for this month's estimate. February's estimate was January's

You have been using a very simple, niiave forecasting technique. You are using the previous month's data for this month's estimate. February's estimate was January's actual. The data is in the table below.

Month	Actual	Forecast
Jan	3722	3934
Feb	4991	3722
Mar	4204	4991
Apr	4695	4204
May	4499	4695
Jun	5167	4499
Jul	5133	5167
Aug	5105	5133
Sep	5155	5105
Oct	5159	5155
Nov	4728	5159
Dec	4133	4728

What is the Mean Error (ME)?

Format as a whole number.

What is the Mean Squared Error (MSE)?

Format as a whole number, use no symbols or commas.

What is the Mean Absolute Deviation (MAD)?

Format as a whole number, use no symbols or commas.

What is the Mean Absolute Percent Error (MAPE)?

Format with 2 decimal places; enter a leading zero if needed. This is a percentage, but don't enter the percent sign.

What is the tracking signal?

Format with 2 decimal places. Enter a leading zero if needed.

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