Consider the Following to Answer the Question(s) Below

question 10

Multiple Choice

Consider the following to answer the question(s) below:
A company has developed a linear trend model to forecast monthly sales. The following data show the actual sales and the "fitted" sales for months 1-12.

-Based on these data, what is the mean absolute percentage error (MAPE) for the linear trend model?

• A) 22.79
• B) 81.33
• C) 2.73
• D) 796
• E) 0.22

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