Question
please answer all the parts of the question within 30 minutes. make sure the explanation and calculations are explained in very detailed manner , Attempt
please answer all the parts of the question within 30 minutes. make sure the explanation and calculations are explained in very detailed manner , Attempt the answer only if your are 100% sure that its correct. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and is not copied from anywhere. ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.
Two different forecasting techniques (F1 and F2) were used to forecast demand for cases of bottled water, Actual demand and the two sets of forecasts are as follows: PREDICTED DEMAND Period Demand FI 1 G6 75 68 TO 72 To 72 69 72 74 TA Click here for the Excel Data File Compute MAD for each set of forecasts, Given your results, which forecast appears to be more accurate? (Round your answers to 1 decimal place.) MAD FT MAD F2b. Compute the MSE for each set of forecasts, Given your results, which forecast appears to be more accurate? (Round your answers to 2 decimal places.) MSE FI MSE F2 appears to be more accurated. Compute MAPE for each data set. Which forecast appears to be more accurate? (Round your intermediate calculations and final answers to 2 decimal places.) MAPE F1 MAPE F2 appears to be more accurateStep by Step Solution
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