Two Forecasting Models Were Used to Predict the Future Values

question 34

Essay

Two forecasting models were used to predict the future values of a time series.The forecasts are shown below with the actual values: Calculate the mean squared deviation (MSD)for Model 1.

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Definitions:

PTH

Parathyroid hormone, a hormone secreted by the parathyroid glands that regulates serum calcium and phosphate levels.

Insulin

A hormone produced by the pancreas that helps regulate blood glucose levels by facilitating the uptake of glucose by cells.

Adrenal Cortex

The outer portion of the adrenal gland that produces steroid hormones including cortisol and aldosterone.

Glucagon

A hormone produced by the pancreas that raises blood glucose levels, acting as a counter-regulatory hormone to insulin.