Question
The following table gives the actual sales data and the 3-month moving average forecast. Calculate MAD,...
The following table gives the actual sales data and the 3-month moving average forecast. Calculate MAD, MSE, and MAPE for the forecast. Week Sales (cases) 3 week Moving average
1 22
2 24
3 29
4 31
5 19
6 30
Homework Answers
Answer #1
Mean absolute error = Mean of absolute errors = 6.222
MSE = Mean of squared errors = 43.481
MAPE = Mean of absolute percentage error = 26.315
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