Question
Using the 3-period moving average forecast model, compute the mean absolute percentage error (MAPE) of the forecasts for 1960-2015 . (please enter as a percentage
Using the 3-period moving average forecast model, compute the mean absolute percentage error (MAPE) of the forecasts for 1960-2015. (please enter as a percentage rounded to the 2nd decimal place, e.g. if the MAPE=3.42% enter 3.42)
| 1960 | 39.869117 |
| 1961 | 40.307136 |
| 1962 | 41.731885 |
| 1963 | 44.037181 |
| 1964 | 45.788951 |
| 1965 | 47.234902 |
| 1966 | 50.035367 |
| 1967 | 52.597132 |
| 1968 | 54.306187 |
| 1969 | 56.285569 |
| 1970 | 59.186071 |
| 1971 | 58.04156 |
| 1972 | 58.937904 |
| 1973 | 58.241491 |
| 1974 | 56.330758 |
| 1975 | 54.733273 |
| 1976 | 54.722896 |
| 1977 | 55.100782 |
| 1978 | 55.074118 |
| 1979 | 58.005609 |
| 1980 | 59.007873 |
| 1981 | 58.529329 |
| 1982 | 57.457822 |
| 1983 | 54.415961 |
| 1984 | 58.849156 |
| 1985 | 57.538724 |
| 1986 | 56.575231 |
| 1987 | 57.166745 |
| 1988 | 57.874997 |
| 1989 | 57.482679 |
| 1990 | 58.559602 |
| 1991 | 57.871727 |
| 1992 | 57.655057 |
| 1993 | 55.822082 |
| 1994 | 58.043638 |
| 1995 | 57.540135 |
| 1996 | 58.387225 |
| 1997 | 58.856691 |
| 1998 | 59.314083 |
| 1999 | 57.614481 |
| 2000 | 57.366024 |
| 2001 | 58.541348 |
| 2002 | 56.833673 |
| 2003 | 56.032784 |
| 2004 | 55.942348 |
| 2005 | 55.044002 |
| 2006 | 55.937854 |
| 2007 | 56.435649 |
| 2008 | 57.587014 |
| 2009 | 56.670274 |
| 2010 | 58.206642 |
| 2011 | 60.549593 |
| 2012 | 62.302799 |
| 2013 | 64.201461 |
| 2014 | 69.652611 |
| 2015 | 70.220845 |
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Essentials of strategic management
Authors: Charles w. l. hill, Gareth r. Jones
3rd Edition
1111525196, 978-1111525194
