Question: Using the regression model, calculate MAPE for the data. MAPE= Price ($) Quantity Sold Forecast Error |Percentage Error| 2 7500 5 5400 3 7000 3.5
| Using the regression model, calculate MAPE for the data. | ||||
| MAPE= | ||||
| Price ($) | Quantity Sold | Forecast | Error | |Percentage Error| |
| 2 | 7500 | |||
| 5 | 5400 | |||
| 3 | 7000 | |||
| 3.5 | 6500 | |||
| 2.5 | 7500 | |||
| 4.5 | 6000 | |||
| 4 | 6500 | |||
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