Silly Putty Inc. has had sales of $12 million, $17 million, and $16 million for each of the last 3 years. What would be the MAPE if the actual sales were $15 million using the naïve approach?
A) 6.71%
B) 5.73%
C) -8.14%
D) -6.67%
Correct Answer:
Verified
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