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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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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