1. Calculate mean absolute deviation (MAD), and mean absolute percent error (MAPE) based on below information....
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1. Calculate mean absolute deviation (MAD), and mean absolute percent error (MAPE) based on below information. MAD Period 1 2 2|N 3 4 5 MAD= MAPE Period 1 2 23 4 5 Ave Demand MAPE= Demand 155 145 160 151 143 Demand 155 145 160 151 143 Forecast 130 155 145 160 151 Forecast 130 155 145 160 151 Error Absolute Error 1. Calculate mean absolute deviation (MAD), and mean absolute percent error (MAPE) based on below information. MAD Period 1 2 2|N 3 4 5 MAD= MAPE Period 1 2 23 4 5 Ave Demand MAPE= Demand 155 145 160 151 143 Demand 155 145 160 151 143 Forecast 130 155 145 160 151 Forecast 130 155 145 160 151 Error Absolute Error
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Related Book For
Modern Portfolio Theory and Investment Analysis
ISBN: 978-1118469941
9th edition
Authors: Edwin Elton, Martin Gruber, Stephen Brown, William Goetzmann
Posted Date:
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