Question

The mean square error (MSE) for the forecasts shown in the following table is:

MonthForecast DemandActual Demand
April170180
May225200
June210200
July260240
August200230

a. more than 250 but less than or equal to 300.

b. more than 300 but less than or equal to 350.

c. more than 350 but less than or equal to 400.

d. more than 400 but less than or equal to 450.

Answer

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