Question: WILL DEFINITELY UPVOTE 19 Consider the following time series data. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. If
WILL DEFINITELY UPVOTE
19
Consider the following time series data. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. If the smoothing constant is assumed to be 0.6, and setting F1 and F2 = A1, what is the mean absolute percentage error for the given data?
| Period | Actual value |
| Period 1 | 10 |
| Period 2 | 11 |
| Period 3 | 9 |
| Period 4 | 12 |
| Period 5 | 13 |
| Period 6 | 11 |
- A.
12.10
- B.
16.67
- C.
14.05
- D.
135.44
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
