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table [ [ Month , Sales,Forecast 1 , Forecast 2 ] , [ 1 , 7 7 0 , 7 7 1 , 7
tableMonthSales,Forecast Forecast
a Compute the MSE and MAD for each forecast. Does either forecast seem superior? Explain.
b Compute MAPE for each forecast.
c Prepare a naive forecast for periods through using the given sales data. Compute each of the following: MSE, MAD, tracking signal at month and control limits How do the naive results compare with the other two forecasts?
develoned a linear model that it uses to determine the amount of term life insurance a family of four Page
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