Use the data given below to answer the following question(s).
The table below shows the car sales from the year 2002-2007.The forecaster assumes a smoothing constant of 0.8 and uses the exponential smoothing model to determine the forecast for the future.
-Using the given data,calculate the value of mean absolute percentage error.
A)12.56
B)10.28
C)15.03
D)25.27

Question

Use the data given below to answer the following question(s).
The table below shows the car sales from the year 2002-2007.The forecaster assumes a smoothing constant of 0.8 and uses the exponential smoothing model to determine the forecast for the future. 
-Using the given data,calculate the value of mean absolute percentage error.
A)12.56 
B)10.28 
C)15.03 
D)25.27

Quizplus · Accepted Answer

The Answer of Use the data given below to answer the following question(s).
The table below shows the car sales from the year 2002-2007.The forecaster assumes a smoothing constant of 0.8 and uses the exponential smoothing model to determine the forecast for the future. 
-Using the given data,calculate the value of mean absolute percentage error.
A)12.56 
B)10.28 
C)15.03 
D)25.27

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