Question: What does the MAPE tell a forecaster? Multiple Choice The average error in a forecast over a specific period of time. The quality of the

What does the MAPE tell a forecaster?
Multiple Choice
The average error in a forecast over a specific period of time.
The quality of the data.
The number of units of deviation of the actual from the Absolute Error.
The source of quantitative errors.

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!