Solution:
The mean squared error, or MSE, is calculated as the average of the squared forecast error values.

Result:
MSE is 121.6
Suppose that you generated a forecast with the some data, and you have the following errors:...
Suppose that you generated a forecast with the some data, and you have the following errors: Week (Et) 1 2 15.1 3 -2.8 4 1.2 5 -3.2 6 3.8 7 What is the MSE? (Write your answer using ONE decimal place)
Suppose that you generated a forecast with the some data, and you have the following errors: Week (1) 1 2 3 4 5 6 7 21.7 -15 0.8 -5.6 3.8 What is the CFE (Write your answer using ONE decimal place)
Suppose that you generated a forecast with the some data, and you have the following errors: Week (Et) 1 2 16.2 3 -9.6 4 0.7 5 -2.8 6 5.2 7 What is the CFE? (Write your answer using ONE decimal place)
Question 5 Suppose that you generated a forecast with the some data, and you have the following errors: Week (ET) 1 2 3 4 5 6 7 17 -17.1 2.21 -2.91 4.2 What is the MSE? (Write your answer using ONE decimal place)
Suppose that you generated a forecast with the some data, and you have the following errors: Week (Et) 1 2 18.2 3 -9.4 4 0.9 5 -4 6 4.6 7 What is the MSE?
Suppose that you generated a forecast with the some data, and you have the following errors: Week (Et) 1 24.2 -12.8 2.9 2 3 4 5 6 7 4 What is the MAD? (Write your answer using ONE decimal place) You just opened a new bar in Whyte Ave, and you have seen an increase in the demand for your weekend special drink. You want to use the trend-adjusted exponential smoothing to make forecasts for the following week to capitalize...
Question 7 Suppose that you generated a forecast with the some data, and you have the following errors: Week (ET) 1 2 3 4 5 6 7 23.2 -4 0.9 -0.5 4.21 What is the MAD? (Write your answer using ONE decimal place)
Question 2 Suppose that you generated a forecast with the some data, and you have the following errors: Week (ET) 1 2 3 4 5 6 7 15 -8.51 1.2 -2.3 4.7 What is the CFE? (Write your answer using ONE decimal place)
We are using a Moving Average Forecast with n=4 and know that F40 = 53, D10 = 49, and F11 = 52. Find De. Suppose that you generated a forecast with the some data, and you have the following errors: Week 1 2 3 4 5 6 7 21.7 -1.5 0.8 -5.6 3.8 What is the CFE? (Write your answer using ONE decimal place) In the table below there is data for demand of 19 periods. Using the forecasting method...
Two different forecasting techniques (F1 and F2) were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows: PREDICTED DEMAND Period Demand F1 F2 1 68 62 67 2 75 69 68 3 70 72 70 4 74 66 70 5 69 73 72 6 72 65 76 7 80 74 79 8 78 74 85 a. Compute MAD for each set of forecasts. Given your results, which forecast appears...