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Pie
3 years ago
7

What is a forecast error

Mathematics
1 answer:
Mama L [17]3 years ago
4 0

Answer:In statistics, a forecast error is the difference between the actual or real and the predicted or forecast value of a time series

Step-by-step explanation:find the Mean Absolute Percent Error (MAPE) of your forecast. Statistically MAPE is defined as the average of percentage errors.

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