Question: A forecasting method has produced the following over the past five months. What is the mean absolute percentage error (MAPE)? Actual Forecast 10 13 8

A forecasting method has produced the following over the past five months. What is the mean absolute percentage error (MAPE)?

Actual

Forecast

10

13

8

10

10

8

6

6

9

8

A.

18.60%

B.

0.00%

C.

17.22%

D.

14.87%

E.

cannot be calculated with the information given

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