Multiple Choice
Consider the following to answer the question(s) below:
A company has developed a linear trend model to forecast monthly sales. The following data show the actual sales and the "fitted" sales for months 1-12.
-Based on these data, what is the mean absolute percentage error (MAPE) for the linear trend model?
A) 22.79
B) 81.33
C) 2.73
D) 796
E) 0.22
Correct Answer:

Verified
Correct Answer:
Verified
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