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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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Add the mixed number fractions. Simplify, if possible.
Vladimir79 [104]

Answer:

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Step-by-step explanation:

Rewriting our equation with parts separated

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Solving the whole number parts

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Solving the fraction parts

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Find the LCD of 2/3 and 3/5 and rewrite to solve with the equivalent fractions.

LCD = 15

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Simplifying the fraction part, 19/15,

19/15 = 1 4/15

Combining the whole and fraction parts

7 + 1 + 4/15 = 8 4/15

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