In the chapter, you learned about many metrics that can be used to evaluate forecast accuracy. The
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In the chapter, you learned about many metrics that can be used to evaluate forecast accuracy. The MAPE was one of those that may be the most common in use. Explain what the MAPE tells a forecaster.
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MAPE stands for Mean Absolute Percentage Error The MAPE is one form of an average error in a forecas...View the full answer
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Related Book For
Forecasting And Predictive Analytics With Forecast X
ISBN: 978-1259903915
7th edition
Authors: J. Holton Wilson, Barry Keating
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