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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

Question 86

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The table below shows the quarterly sales of a gifting store.The forecaster uses the Holt-Winters multiplicative model to determine the forecast for future periods.
Given: α = 0.6,β = 0.5,and γ = 0.4.
THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: The table below shows the quarterly sales of a gifting store.The forecaster uses the Holt-Winters multiplicative model to determine the forecast for future periods. Given: α = 0.6,β = 0.5,and γ = 0.4.    -Calculate the value of the mean absolute percentage error. A) 67.31 B) 31.76 C) 3.68 D) 17.28
-Calculate the value of the mean absolute percentage error.


A) 67.31
B) 31.76
C) 3.68
D) 17.28

Correct Answer:

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