Question: The _ _ _ _ _ _ _ _ _ _ _ _ _ blank is the average absolute percentage error, shown as a percentage

The

_____________

blank is the average absolute percentage error, shown as a percentage of the actual value, displaying the magnitude of the errors in performance measures.

Multiple Choice

MAPE

RMSE

MAD

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

8 2 points The error is the average absolute percentage error, shown as a percentage of the actual value, displaying the magnitude of the errors in performance measures. RMSE MAD MAPE ME

2 points The error is the average absolute percentage error, shown as a percentage of the actual value, displaying the magnitude of the errors in performance measures. RMSE MAD MAPE ME

Moving Average and Exponential Smoothing, please answer all, thanks! 1 1 point Weekly sales of a hammer at a home improvement store have been 9, 25, 22, 35, 12. & 15 over the past 6 weeks. The...

Weekly sales of a hammer at a hone improvement store have been 9, 25, 22, 35, 12, & 15 over the past 6 weeks... 4 HOU U U U U PIR). Tyrrustwole ihan aumpis Will DO CONSIGOTEU 1 point Weekly sales of...

Answer question 3 please. Also, I uploaded My answer of Question 1 that is needed for Question 3. Company Background Information Throx sells higher-end custom-design socks in three-sock sets (rather...

please help me to answers this excel sheets. my subject in Economic in business decision. need to fill the green area with formula. then, Analysis (Which among the models best implies to the given...

Exercise Two: Given the date below for Chambers Electronics, and using your knowledge of Forecasting Time Series with Seasonal Indices, (a) find the Centered Moving Average as shown in class (use the...

Compute ans show step by step 3. Exercise Three: Given the date below for Chambers Electronics, and using your knowledge of Forecasting Time Series with Seasonal Indices, (a) find the Centered Moving...

b) Develop a linear trend, multiplicative model for the data, including seasonality and forecast visits to the clinic for each month of 20X7. To develop a linear trend, multiplicative model, we need...

FORECASTING SIMULATION March 2 0 2 4 - 2 2 Months Remaining New artifacts received emails texts phones MAKE DECISION Active LinkRegular Inactive LinkMidgrade Inactive LinkPremium Forecasted demand...

Corning-Howell reported taxable income in 2011 of $120 million. At December 31, 2011, the reported amount of some assets and liabilities in the financial statements differed from their tax bases as...

What expenses qualify as deductible educator expenses?

* In the year an asset is purchased, Splish, Inc. does not record any depreciation expense on the asset. In the year an asset is retired or traded in , Splish, Inc. takes a full year's depreciation...

just complete the excel table pls *first excel doc i will type them As you draft a detailed proposal the recapitalization, you are guided by the above thoughts to lay out the following questions for...