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Given the following actual demand and forecasts for the last five months: Month Actual Demand Forecast 1 220 240 2 260 263 3 250 249
Given the following actual demand and forecasts for the last five months: Month Actual Demand Forecast 1 220 240 2 260 263 3 250 249 4 229 245 5 224 227 What is the Mean Absolute Percentage Error (MAPE)? (answer in three decimals. So, if the answer is 5.64%, you should stage 0.056)
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