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Demand for a product and the forecasting department's forecast (naive model) for a product are shown below. Compute the mean squared error. Period Actual Demand

Demand for a product and the forecasting department's forecast (naive model) for a product are shown below. Compute the mean squared error. Period Actual Demand Forecast 1 12 2 15 12 3 14 15 4 18 14 3.33 4.67 8.67 5.33

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