Two forecasting models were used to predict the future values of a time series. These are shown in the following table, together with the actual values. $\text { Forecast Value } F_{t}$$\quad\quad\quad\text { Actual Value } y_{t}$
$\begin{array}{|cc|r|}
\hline \text { Model 1 } & \text { Model 2 } \quad&\quad\quad\quad\quad\quad\quad\quad \
\hline 8.2 & 7.7 & 7.6 \
7.8 & 8.5 & 8.2 \
7.0 & 8.5 & 7.6 \
9.6 & 9.0 & 10.3 \
\hline
\end{array}$ Compute MAD and SSE for each model to determine which was more accurate.

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The Answer of Two forecasting models were used to predict the future values of a time series. These are shown in the following table, together with the actual values. $\text { Forecast Value } F_{t}$$\quad\quad\quad\text { Actual Value } y_{t}$
$\begin{array}{|cc|r|}
\hline \text { Model 1 } & \text { Model 2 } \quad&\quad\quad\quad\quad\quad\quad\quad \
\hline 8.2 & 7.7 & 7.6 \
7.8 & 8.5 & 8.2 \
7.0 & 8.5 & 7.6 \
9.6 & 9.0 & 10.3 \
\hline
\end{array}$ Compute MAD and SSE for each model to determine which was more accurate.

Two Forecasting Models Were Used to Predict the Future Values Forecast Value Ft\text { Forecast Value } F_{t} Forecast Value Ft​

Two Forecasting Models Were Used to Predict the Future Values $\text { Forecast Value } F_{t}$