Im new here, also a newbie in statistics. I was told to do forecasting at work by my boss. I used to do a naive forecasting before, and i want that to change. I want to do a real world forecast using the provided statistics method/s.
So here... I don't know if i'm doing it right but here's the measurement of accuracy of my forecast:
MAD: 33.20 MSE(sqrt): 42.38 MAPE: 10.21%
Is my MSE too high? i think it's too high. I'm a bit satisfied by seeing the trend in the graph. please correct me. Thanks a lot!