Question: Given the following actual and forecast data. Compute MAPE (MARD) in Period 5. MAPE= MARD=AVERAGE(abs(A-F)/A). Do NOT multiply by 100. ROUND your answer to TWO
Given the following actual and forecast data. Compute MAPE (MARD) in Period 5.
MAPE= MARD=AVERAGE(abs(A-F)/A). Do NOT multiply by 100.
ROUND your answer to TWO decimal point.
| t | At | Ft |
| 1 | 186 | 199 |
| 2 | 151 | 98 |
| 3 | 145 | 221 |
| 4 | 107 | 58 |
| 5 | 140 | 226 |
Answer: ?
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