Multiple Choice
What is the mean absolute percentage error?
A) 5.24%
B) 5.61%
C) 5.40%
D) 5.06%
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q32: _ forecasting methods use historical demand to
Q33: Personnel can utilize forecasts to make decisions
Q34: The goal of any forecasting method is
Q35: Scenario 7.2 - Gulab Greatness<br>Historical demand
Q36: The goal of any forecasting method is
Q38: Aggregate forecasts are usually more accurate than
Q39: The =MAPE(array1,array2)function in Excel can calculate the
Q40: What is the largest value for the
Q41: _ forecasting methods are primarily subjective and
Q42: The result when each stage in the