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(Round your answers to 2 decimal places.)Calculate MAD and MSE for the forecast. MAD = MSE %3D

(Round your answers to 2 decimal places.)Calculate MAD and MSE for the forecast. MAD = MSE %3D

Practical Management Science
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 Completion Status: 1 3D 50 A Moving to another question will save this response. Question 1 A manager has just received an evaluation from an analyst on a potential forecasting alternative. Period: Data: Forecast: 1. 3 4 6. 49 7. 8 10 37 39 37 37 39 45 47 49 51 36 38 38 54 41 52 47 48 52 53 (Round your answers to 2 decimal places.)Calculate MAD and MSE for the forecast. MAD = MSE = A Moving to another question will save this response.
Transcribed Image Text:Question Completion Status: 1 3D 50 A Moving to another question will save this response. Question 1 A manager has just received an evaluation from an analyst on a potential forecasting alternative. Period: Data: Forecast: 1. 3 4 6. 49 7. 8 10 37 39 37 37 39 45 47 49 51 36 38 38 54 41 52 47 48 52 53 (Round your answers to 2 decimal places.)Calculate MAD and MSE for the forecast. MAD = MSE = A Moving to another question will save this response.
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