C

csepub.com$/$books$/$business$-$analytics$/$assets$/$module$-2-$part$-2-$error$-$ca

Using the data below, what is the value of the Mean absolute percent error $($MAPE$)?$

$\backslash$table$[[$Week$,$Time Series Value,Forecast$],[1,17,9\mathrm{.}00],[2,25,19\mathrm{.}00],[3,14,14\mathrm{.}00],[4,23,24\mathrm{.}00]]$

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Answer format: Number: Round to: $2$ decimal places.

Why do we have this error? Why not stop at $M.$