The demand and forecast of an item for five months are given in the table. Month Demand Forecast April 225 200 May 220 240 June 285 300 July 290 270 August 250 230 The Mean Absolute Percent Error (MAPE) in the forecast is ___________% (round off to two decimal places).

GATE Mechanical Engineering (ME) 2021 Shift 2 Solved Paper

Question : 53 of 65

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The demand and forecast of an item for five months are given in the table.

The Mean Absolute Percent Error (MAPE) in the forecast is ___________% (round off to two decimal places).

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