A calculate the mad based on these 8 weeks of data b


The Forever Young Cosmetic Company used forecast model 2 to forecast demand for a different product. Eight weeks of actual data and forecast data are shown below. week demand forecast 1 136 150 2 151 160 3 185 165 4 144 150 5 127 150 6 183 160 7 172 165 8 158 160

a.) Calculate the MAD based on these 8 weeks of data.

b.) Calculate the MSE based on these 8 weeks of data.

c.) Calculate the MFE based on these 8 weeks of data.

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Business Management: A calculate the mad based on these 8 weeks of data b
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