Question: Use the forecast errors given here to compute MAD and MSE. Discuss the information yielded by each type of error measurement. Period e 1 ..........2.3


Use the forecast errors given here to compute MAD and MSE. Discuss the information yielded by each type of error measurement.

Period e

1 ..........2.3

2 ..........1.6

3 ..........-1.4

4 ..........1.1

5 ...........3

6 .......... -.9

7 .......... -1.9

8 ..........-2.1

9 ...........7

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