Exhibit 1: for questions 10-11 A time series with forecast values and error terms is presented in the following table. Forecast Month July Aug Sept Oct Nov Actual 5 11 13 6 5 5 6.8 8.66 7.862 Note: Round the intermediate values and the final answer to 2 decimal places The mean squared error (MSE) for this forecast is

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Exhibit 1: for questions 10-11
A time series with forecast values and error terms is presented in the following table.
Forecast
Month
July
Aug
Sept
Oct
Nov
Actual
5
11
13
6
5
5
6.8
8.66
7.862
Note: Round the intermediate values and the final answer to 2 decimal places
The mean squared error (MSE) for this forecast is
Transcribed Image Text:Exhibit 1: for questions 10-11 A time series with forecast values and error terms is presented in the following table. Forecast Month July Aug Sept Oct Nov Actual 5 11 13 6 5 5 6.8 8.66 7.862 Note: Round the intermediate values and the final answer to 2 decimal places The mean squared error (MSE) for this forecast is
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