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The actual sales and sales forecasts for a product for the past 5 weeks are as follows. Week Actual Sales (number of units) Sales Forecast
The actual sales and sales forecasts for a product for the past 5 weeks are as follows.
Week | Actual Sales (number of units) | Sales Forecast (number of units) |
Five weeks ago | 47 | 47 |
Four weeks ago | 51 | 49 |
Three weeks ago | 48 | 47 |
Two weeks ago | 50 | 49 |
Last week | 46 | 45 |
Calculate the Mean Squared Error (MSE) measure for these 5 weeks.
Group of answer choices
3.4 unit 2
1.16667 unit 2
2.5 unit 2
1.6 unit 2
1.4 unit 2
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