Question: Using the data below, what is the value of the absolute percent error for week 3? Week Time Series Value Forecast 1 7 5.00 2

Using the data below, what is the value of the absolute percent error for week 3?

Week

Time Series Value

Forecast

1

7

5.00

2

5

3.00

3

4

8.00

4

3

8.00

Answer format: Number: Round to: 2 decimal places.

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