Calculate the madand mse for each forecast


Problem

• Calculate the Mean Absolute Deviation (MAD) and Mean Squared Error (MSE) for each Forecast.

o According to MAD, which is the most accurate forecast?
o According to MSE, which is the most accurate forecast?

The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Basic Statistics: Calculate the madand mse for each forecast
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