If a forecast is 35.00 and the actual figure turns out to be 40.00, what is the

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If a forecast is 35.00 and the actual figure turns out to be 40.00, what is the APE of this forecast? Suppose that another forecast of the same revenue with the same forecasting technique but different forecast periods is 46.00, and the actual figure is 42.00, what is the APE for this second forecast? What is the MAPE for the above two forecasts? LO9

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