Question: In forecasting, what is the Mean Absolute Percent Error (MAPE)? It is the absolute error as a percentage of demand. It is the per period

In forecasting, what is the Mean Absolute Percent Error (MAPE)? It is the absolute error as a percentage of demand. It is the per period average of cumulative error. It is the difference between the forecast and actual demand, It is the average, absolute difference between the forecast and actual demand

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