Question: Question 18 2.5 p The following table includes reported forecast error measures from different forecasting methods? Based on Mean Absolute Percent Error (MAPE), which method

Question 18 2.5 p The following table includes
Question 18 2.5 p The following table includes reported forecast error measures from different forecasting methods? Based on Mean Absolute Percent Error (MAPE), which method is the SECOND BEST? Forecast.Method CFE MSE MAD MAPE Trend 0.000 28 995 4.472 11.85% Simple Moving Average (3 period) 23.510 67 238 63 14.48% Weighted Moving Average (0.6.0.2,02) 52 158 66.309 6.343 14.24% Exponential Smoothing (alpha=0.3) 87317 88.619 6.739 15 2196 Exponential Smoothing (alpha=0.3) O Trend O Weighted Moving Average (0.6, 0.2.0.2) Simple Moving Average (3 period)

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