Calculate MSE for the 4 periods for which the actual and forecasted number of customers given in the table below: Period Actual Number of Customers Forecasted Number of Customers Error 1 1,975 2,000 2 2,050 2,025 3 1,925 1,975 4 2,075 2,025 0 390.63 37.5 6,250 1,562.5
Calculate MSE for the 4 periods for which the actual and forecasted number of customers given in the table below: Period Actual Number of Customers Forecasted Number of Customers Error 1 1,975 2,000 2 2,050 2,025 3 1,925 1,975 4 2,075 2,025 0 390.63 37.5 6,250 1,562.5
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 1GP
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Question
Calculate MSE for the 4 periods for which the actual and forecasted number of customers given in the table below:
Period |
Actual Number of Customers |
Forecasted Number of Customers |
Error |
1 |
1,975 |
2,000 |
|
2 |
2,050 |
2,025 |
|
3 |
1,925 |
1,975 |
|
4 |
2,075 |
2,025 |
0
390.63
37.5
6,250
1,562.5
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