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What is the mape through month 5 (use 2 decimal places)?

User Aturc
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Final answer:

The MAPE is a measure of forecast accuracy. To calculate the MAPE through month 5, use the formula and round the result to 2 decimal places.

Step-by-step explanation:

The MAPE (Mean Absolute Percentage Error) is a measure of the accuracy of a forecast. To calculate the MAPE through month 5, you would need the actual values and the forecasted values for each month from month 1 to month 5. The formula for MAPE is:

MAPE = (1/n) * Σ |(Actual - Forecast)/Actual| * 100

Plug in the actual and forecasted values for each month and calculate the MAPE. Round the result to 2 decimal places.

User Miya
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