True/False
As a sales analyst, if you wish to compare forecasting accuracy across several time periods, the percentage forecasting error formula [% error = (forecast - actual)/actual] should be used.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q37: Which of the following is/are true regarding
Q38: A smoothing constant of .8 in exponential
Q39: Potential sales are the predictions of the
Q40: Business market potentials can be computed from
Q41: Where there is a strong trend in
Q43: Trend forecasting methods including the percentage rate
Q44: The market share of an organization is
Q45: Regression methods are generally more suitable for
Q46: The easiest way of estimating the number
Q47: Which of the following are not directly