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Two independent forecasting methods based on judgement have been prepared for the period shown below. Actual sales were also recorded as comparison Month Sales Forecast
Two independent forecasting methods based on judgement have been prepared for the period shown below. Actual sales were also recorded as comparison Month Sales Forecast 1 Forecast 2 1 770 771 769 2 789 785 787 3 794 790 792 4 780 784 798 5 768 770 774 6 772 768 770 7 760 761 759 8 775 771 775 9 786 784 788 10 790 788 788 a. Compute MAD and MSE for each forecast technique b. Which technique is more accurate
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