Question: Using the following data, determine the values of MAD and MSE.Which of these measurements of error seems to yield the best information about the forecasts?Why?

Using the following data, determine the values of MAD and MSE.Which of these measurements of error seems to yield the best information about the forecasts?Why?

Period Value Forecast 19.4 23.6 24.0 26.8 29.2 35.5 16.6 19.1 22.0 24.8 25.9 28.6

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