Calculate the mean square error, mean absolute deviation and the Period Year Call Volume forecast Error 1 1 30 45 -15 2 2 25 15 10 3 2 55 65 -10 4 3 15 20 -5 Your answer?
Calculate the mean square error, mean absolute deviation and the Period Year Call Volume forecast Error 1 1 30 45 -15 2 2 25 15 10 3 2 55 65 -10 4 3 15 20 -5 Your answer?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
Calculate the mean square error, mean absolute deviation and the
Period | Year | Call Volume | Error | |
1 | 1 | 30 | 45 | -15 |
2 | 2 | 25 | 15 | 10 |
3 | 2 | 55 | 65 | -10 |
4 | 3 | 15 | 20 | -5 |
Your answer?
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