NAME ID Forecast Accuracy Metrics Actual - Forecast MAD MAD weights all errors evenly (Actual, - Forecast) MSE MSE weights errors according to their squared values -1 Actual -- Forecast x100 Actual MAPE MAPE weights errors according to relative error LO 35 Productivity Measures Output Productivity Input Output Partial Measures Ouput Output Single Input Labor Capital Multifactor Measures Output Oupat Output Multiple Inputs Labor Machine Labor Capital Energy Total Measure Goods or services produced All inputs used to produce them LO6 2-35 Productivity Growth Current productivity - Previous productivity Previous productivity x 100% INDIVIDUAL WORK SHOW YOUR WORK TO RECEIVE FULL CREDIT WORTH SX OF TOTAL GRADE NAME ID Forecast Accuracy Metrics Actual - Forecast MAD MAD weights all errors evenly (Actual, - Forecast) MSE MSE weights errors according to their squared values -1 Actual -- Forecast x100 Actual MAPE MAPE weights errors according to relative error LO 35 Productivity Measures Output Productivity Input Output Partial Measures Ouput Output Single Input Labor Capital Multifactor Measures Output Oupat Output Multiple Inputs Labor Machine Labor Capital Energy Total Measure Goods or services produced All inputs used to produce them LO6 2-35 Productivity Growth Current productivity - Previous productivity Previous productivity x 100% INDIVIDUAL WORK SHOW YOUR WORK TO RECEIVE FULL CREDIT WORTH SX OF TOTAL GRADE