Consider the following forecast results. Calculate MFE, MAD, and MAPE, using the data for the months January through Jun

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Consider the following forecast results. Calculate MFE, MAD, and MAPE, using the data for the months January through Jun

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Consider The Following Forecast Results Calculate Mfe Mad And Mape Using The Data For The Months January Through Jun 1
Consider The Following Forecast Results Calculate Mfe Mad And Mape Using The Data For The Months January Through Jun 1 (39.36 KiB) Viewed 93 times
Consider the following forecast results. Calculate MFE, MAD, and MAPE, using the data for the months January through June. Does the forecast model under- or overforecast? The MFE is (Enter your response rounded to one decimal place and include a minus sign if necessary.) (Enter your response rounded to one decimal place.) The MAPE is %. (Enter your response rounded to one decimal place.) The MAD is The forecast model Month January February March April May June Actual Demand 1,005 953 950 1,080 1,137 976 Forecast 1,062 1,046 894 1,016 1,143 1,014
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