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Using the data below, what is the value of the absolute percent error for week 3? Week Time Series Value Forecast 1 7 5.00 2
Using the data below, what is the value of the absolute percent error for week 3?
| Week | Time Series Value | Forecast |
| 1 | 7 | 5.00 |
| 2 | 5 | 3.00 |
| 3 | 4 | 8.00 |
| 4 | 3 | 8.00 |
Answer format: Number: Round to: 2 decimal places.
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Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
