Final answer:
A tracking signal is related most closely to MAPE, which is used as a measure of forecast accuracy in business. While MAPE itself is not used to calculate a tracking signal, it is an indicator of overall forecast error.
Step-by-step explanation:
The term most closely associated with a tracking signal is MAPE, which stands for Mean Absolute Percentage Error. A tracking signal is used in the context of forecast accuracy to determine if forecast errors are within acceptable limits. The tracking signal is calculated by dividing the running sum of forecast errors by the Mean Absolute Deviation (MAD). If the absolute value of the tracking signal exceeds a certain threshold, it indicates that the forecast may be biased and needs adjustment. MAPE is another measure of forecast accuracy but is not used to calculate the tracking signal directly.
The Question is incomplete. The complete question is
Which term is most closely associated with a tracking signal?
A) MBA
B) MSE
C) MAD
D) MAPE