Use the data given below to answer the following question(s).
The table below shows the sales of a gaming console for the first 6 months of the year 2011.
The forecaster uses the weighted average model to determine the forecasts.He assumes a 40% weight for the most recent reading,30% weight for the second most recent reading,20% for the third most recent reading,and 10% for the fourth most recent reading.
-For the given data,the value of the mean absolute percentage error is ________.
A)51.5
B)26.95
C)5.19
D)21.03

Question

Use the data given below to answer the following question(s).
The table below shows the sales of a gaming console for the first 6 months of the year 2011.
The forecaster uses the weighted average model to determine the forecasts.He assumes a 40% weight for the most recent reading,30% weight for the second most recent reading,20% for the third most recent reading,and 10% for the fourth most recent reading. 
-For the given data,the value of the mean absolute percentage error is ________.
A)51.5 
B)26.95 
C)5.19 
D)21.03

Quizplus · Accepted Answer

The Answer of Use the data given below to answer the following question(s).
The table below shows the sales of a gaming console for the first 6 months of the year 2011.
The forecaster uses the weighted average model to determine the forecasts.He assumes a 40% weight for the most recent reading,30% weight for the second most recent reading,20% for the third most recent reading,and 10% for the fourth most recent reading. 
-For the given data,the value of the mean absolute percentage error is ________.
A)51.5 
B)26.95 
C)5.19 
D)21.03

Use the Data Given Below to Answer the Following Question(s)