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Use the data given below to answer the following question. The details of the clock sales at a supermarket for the past 6 weeks are
Use the data given below to answer the following question.
The details of the clock sales at a supermarket for the past 6 weeks are shown in the table below. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. The simple moving average value of k is set at 2.
Week | Units sold |
1 | 88 |
2 | 44 |
3 | 54 |
4 | 65 |
5 | 72 |
6 | 85 |
For the given data, calculate the value of the simple moving average mean absolute percentage error.
Select one:
a. 14.39
b. 20.90
c. 23.45
d. 25.56
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