The growth of Northeast Airlines and other copycat airlines has led to tremendous growth in the...
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The growth of Northeast Airlines and other copycat airlines has led to tremendous growth in the sales of Moeing 373 airplanes over the past fe decades. The table below contains the official Moeing forecast and actual sales numbers for the 373 over the past eight years! Year Actual Sales 2015 2016 2017 ANDR 2018 2019 2020 2021 2022 297 286 201 283 295 217 231 279 Forecast 278 296 221 299 291 230 215 281 What is Moeing's MAD (over the entire 8-year period)? (Display your answer to two decimal places.) Number What is Moeing's MAPE? (Write your answer as a percentage and display your answer to two decimal places.) The growth of Northeast Airlines and other copycat airlines has led to tremendous growth in the sales of Moeing 373 airplanes over the past fe decades. The table below contains the official Moeing forecast and actual sales numbers for the 373 over the past eight years! Year Actual Sales 2015 2016 2017 ANDR 2018 2019 2020 2021 2022 297 286 201 283 295 217 231 279 Forecast 278 296 221 299 291 230 215 281 What is Moeing's MAD (over the entire 8-year period)? (Display your answer to two decimal places.) Number What is Moeing's MAPE? (Write your answer as a percentage and display your answer to two decimal places.)
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To calculate the Mean Absolute Deviation MAD and the Mean Absolute Percentage Error MAPE we need to ... View the full answer
Related Book For
Financial Reporting Financial Statement Analysis and Valuation
ISBN: 978-0324302950
6th edition
Authors: Clyde P. Stickney
Posted Date:
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