1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anuta_ua [19.1K]
2 years ago
11

Two methods are used to predict how many customers will call in for help in the next four days. The first method predicts the nu

mbers of callers to be 23, 5, 14, and 20 for the four respective days. The second method predicts 20, 13, 14, and 20 for the four respective days. The actual numbers of callers turn out to be 23, 10, 15, and 19. Which method has the smaller mean absolute percentage error (MAPE)?
Mathematics
1 answer:
Maru [420]2 years ago
8 0

Answer:

The Second Method

Step-by-step explanation:

APE (Absolute Percentage Error) = absolute difference / actual * 100

APE for First method = 61.93

APE for second method = 54.97

MAPE (Mean absolute Percentage error) =  Sum of absolute Percentage error/ Number of observations. ( i.e., 4)

Then,

MAPE for the first method = 61.93 / 4 = 15.482

MAPE for  the second method = 54.97 / 4 = 13.472

So, MAPE for second method is less than the MAPE for first method.

You might be interested in
Javier bought 48 sports cards. Of the cards 3/8 were baseball cards. How many baseball cards were baseball cards
Phoenix [80]

18 of the cards were baseball cards

3 0
3 years ago
Read 2 more answers
A shoe company sends out 7 trucks loaded with nursing shoes that cost the company $ 1,572per truck if they send out 750 boxes pe
weqwewe [10]

1572*7=11004

750*125.40=94050

94050-11004=83046

the profit is $83046

6 0
2 years ago
HELP PLEASEEEEE URGENT
gregori [183]

Answer:

5

Step-by-step explanation:

1) Solve for the slope(m):

(y2-y1) / (x2-x1)

pick any

(-3 - (-5) )/ (1 - 0)

(-3 + 5) / (1 - 0)

2/1 = 2

2) b(intercept) value is found when x = 0:

x = 0, y = -5,

b = y

b = -5

3) Plug it in:

y = mx + b

y = 2x - 5

4) when the value is 5, x = 5:

y = 2x - 5

y = 2(5) - 5

y = 10 -5 = 5

6 0
3 years ago
Rebecca moves to a large city that had two event stadiums. The larger stadium can hold 4.5 times 10^4 people, which is about 15
NNADVOKAT [17]

Answer:

3,000 people

Step-by-step explanation:

Total number of people larger stadium can hold equals 4.5 times 10^{4} people,

which equals 45,000 people.

Now,

it is given that larger stadium can hold 15 times more people than small stadium .

So, smaller stadium will hold  15 times less people than the larger stadium ,

Which equals , \frac{45000}{15} = 3,000 people.

Thus ,

Smaller stadium can hold a total of 3,000 people.

7 0
3 years ago
WILL GIVE BRAINLIEST!!!
ELEN [110]

Answer:

C is the answer.  

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
Other questions:
  • The sum of 5 consecutive integers is 120
    6·1 answer
  • A machine made 2 2/6 pencils in 3 1/4 minutes. how many pencils would the machine have made after 9 minutes?
    6·1 answer
  • Write an expression using fractions to show how to determine the amount that each person will pay. Then calculate each person's
    8·1 answer
  • Need help in graphs in algebra quick
    8·1 answer
  • NUMBER 2!! Helppppp ASAP plssss
    12·2 answers
  • I need to know the answer please help me
    10·1 answer
  • Help me pleaseeeee!!!!!!!!
    11·1 answer
  • The manufacturer of cans of salmon that are supposed to have a net weight of 6 ounces tells you that the net weight is actually
    6·1 answer
  • The value of a new car decreases by about 15% in the first year. How much will a car be worth after one year if its initial valu
    12·1 answer
  • Find the volume of the following square pyramid​
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!