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Given: A_t = the Actual Value of the Time Series

Question 5

Multiple Choice

Given: A_t = the actual value of the time series at time t,F_t = the forecast value for time t,and n = the number of forecast values.Identify the formula used to calculate the mean absolute percentage error.

A) MAPE = Given: At = the actual value of the time series at time t,Ft = the forecast value for time t,and n = the number of forecast values.Identify the formula used to calculate the mean absolute percentage error. A) MAPE = × 100 B) MAPE = × × 100 C) MAPE = × 100 D) MAPE = × 100 × 100
B) MAPE = × Given: At = the actual value of the time series at time t,Ft = the forecast value for time t,and n = the number of forecast values.Identify the formula used to calculate the mean absolute percentage error. A) MAPE = × 100 B) MAPE = × × 100 C) MAPE = × 100 D) MAPE = × 100 × 100
C) MAPE = Given: At = the actual value of the time series at time t,Ft = the forecast value for time t,and n = the number of forecast values.Identify the formula used to calculate the mean absolute percentage error. A) MAPE = × 100 B) MAPE = × × 100 C) MAPE = × 100 D) MAPE = × 100 × 100
D) MAPE = Given: At = the actual value of the time series at time t,Ft = the forecast value for time t,and n = the number of forecast values.Identify the formula used to calculate the mean absolute percentage error. A) MAPE = × 100 B) MAPE = × × 100 C) MAPE = × 100 D) MAPE = × 100 × 100

Given: At = the Actual Value of the Time Series

Multiple Choice

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Given: A_t = the Actual Value of the Time Series

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