Demand Forecast Error1258 12951267 12751256 12621268 12601277 12641277 12671297 1274-37.00-6.00Absolute SquaredValueError-8.33 8.337.6737.006.007.6713.33 13.3310.00 10.0023.00 23.001369.00 0.029469.4436.0058.78177.78AbsolutePercentError100.000.00660.00480.00600.01040.0078529.00 0.0177 Given the above forecast and demand information in Question 7,what is the value of Theil's U-statistic?1.18O 1.170.0181.08

Consider the given dataset: DemandForecastErrorAbsolute ErrorSquared ErrorAbsolute Percent…

Answered: Given the above forecast and demand…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Given the above forecast and demand information in Question 7, what is the value of Theil's U-statistic?