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Apply following forecasting approaches for Outstanding Debt Quarterly spreadsheet and find the best method by comparing Mean Absolute Percentage Error (MAPE). a) Linear Projection Method

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Apply following forecasting approaches for "Outstanding Debt Quarterly" spreadsheet and find the best method by comparing Mean Absolute Percentage Error (MAPE). a) Linear Projection Method b) Seasonality (Quarterly) without Trend Method c) Seasonality with Trend Method d) Upper management also would like to know if MAPE is the best forecast accuracy measure or not. Pick one of the methods above and calculate Mean Forecast Error (ME) and Mean Absolute Error (MAE) for that method and then, compare the MAPE, ME and MAE. Which forecast accuracy measure must be used? Apply following forecasting approaches for "Outstanding Debt Quarterly" spreadsheet and find the best method by comparing Mean Absolute Percentage Error (MAPE). a) Linear Projection Method b) Seasonality (Quarterly) without Trend Method c) Seasonality with Trend Method d) Upper management also would like to know if MAPE is the best forecast accuracy measure or not. Pick one of the methods above and calculate Mean Forecast Error (ME) and Mean Absolute Error (MAE) for that method and then, compare the MAPE, ME and MAE. Which forecast accuracy measure must be used

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