Question: Question 4 options: Demand for a product and the forecasting department's forecast (nave model) for a product are shown below. Compute the mean absolute percentage
Question 4 options:
Demand for a product and the forecasting department's forecast (nave model) for a product are shown below. Compute the mean absolute percentage error (MAPE).
Use format .xx (decimal not percentage)
| Period | Y | F |
| 1 | 40 | - - |
| 2 | 42 | 40 |
| 3 | 48 | 42 |
| 4 | 54 | 48 |
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