Using Table 8.1, what is the mean absolute percent error for months 6-10 using the exponential smoothing forecasts?
A. less than 22%
B. greater than or equal to 22% but less than 24%
C. greater than or equal to 24% but less than 26%
D. greater than 26%
Answer:A
Using Table 8.1, what is the mean absolute percent error for months 6-10 using the exponential smoothing forecasts?
A. less than 22% B. greater than or equal to 22% but less than 24% C. greater than or equal to 24% but less than 26% D. greater than 26%