### Forecasting of data in probability

Assignment Help Basic Statistics
##### Reference no: EM1311247

Forecasting:

Recent actual and forecasted data for product XYZ is given in the following table.

 Month Actual Demand 3-month Forecasted Demand May 35 25 June 31 30 July 48 33 August 41 38

Determine the MSE, MAD, cumulative error and average error.

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