Question: A time series with forecast values and error terms is presented in the following table. Month Actual Forecast Error Aug 11 15 -4 Sept 13

A time series with forecast values and error terms is presented

A time series with forecast values and error terms is presented in the following table. Month Actual Forecast Error Aug 11 15 -4 Sept 13 13.8 -0.8 Oct 6 8.2 -2.2 Nov 5 6.12 -1.12 What is the mean absolute percent error (MAPE)? 8.13% 25.39% 2.03% 5.68% 22.35% A time series with forecast values and error terms is presented in the following table. Month Actual Forecast Error Aug 11 15 -4 Sept 13 13.8 -0.8 Oct 6 8.2 -2.2 Nov 5 6.12 -1.12 What is the mean absolute percent error (MAPE)? 8.13% 25.39% 2.03% 5.68% 22.35%

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