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Compute the both mse and the mad

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Question: Suppose the observed quarterly demand for Year 4 was 18, 51, 86, 66. Compare the accuracy of the forecasts obtained for the last three quarters of Year 4 in Problem by computing both the MAD and the MSE.

Problem: A popular brand of tennis shoe has had the following demand history by quarters over a three-year period.

Reference no: EM131463051

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