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Calculation and comparison of MAPE values A company has figures of actual sales for the first five months of the year, but the company used
Calculation and comparison of MAPE values
A company has figures of actual sales for the first five months of the year, but the company used two different forecasting methods in parallel to forecast the sales. Calculate the MAPE for the forecasts and decide which forecast is more accurate.
Month:
Real sale:
Prediction A:
Prediction B:
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