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Question 10

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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.
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
-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

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