Given forecast errors of 4, 8, and -3, what is the MAD? What is the MSE?

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Practical Operations Management

ISBN: 9781939297136

2nd Edition

Authors: Natalie Simpson

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Question Posted: Apr 25, 2024 02:20 AM

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Given forecast errors of 4, 8, and -3, what is the MAD? What is the MSE?

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In operations management when dealing with forecast errors MAD Mean Absolute Deviation and MSE Mean ...View the full answer

Practical Operations Management

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