The forecasts generated by two forecasting methods and actual sales are as follows: (a) Compute the MSE,
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(a) Compute the MSE, the MAD, the MAPE, the RSFE and the tracking signal for each forecasting method. Which method is better?Why?
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a The forecasts MSE MAD and MAPE are shown below Tracking signal 1 RSFE 1 MAD 1 6234 6 21 14588 1758...View the full answer
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