Which of the following is a technique used to determine forecasting accuracy?
A)exponential smoothing
B)regression
C)Delphi method
D)mean absolute percent error

Question

Quizplus · Accepted Answer

Mean absolute percent error is a commonly used technique to determine forecasting accuracy. Exponential smoothing and regression are forecasting techniques themselves, while the Delphi method involves obtaining consensus from a group of experts regarding a forecast.

Which of the Following Is a Technique Used to Determine