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Management Studies

Problem:

What is the value of the mean square error (MSE) for the forecasting technique whose forecasts for four past periods and the subsequent actual values are given below?

Actual 129 134 138 142
Forecast 136 126 130 146

i) 16.75

ii) 48.25

iii) 10.50

iv) 21.25

v) 27.50

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91167446

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