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11-09-2019
Mathematics

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what is a forecast error

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Calasha34 Calasha34

11-09-2019

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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please help I don’t get it at all