Question: In forecasting, what is the Mean Absolute Percent Error (MAPE)? Group of answer choices It is the difference between the forecast and actual demand. It

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

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1. What will happen in the future

3. Avoid making mistakes when reaching our goals

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