Month Actual demand Forecasted Demand 1 950 1000 2 1070 1000 3 1100 1000 4 960 1000 5 1090 1000 6 1050 1000 For the dataset above, compute the overall MAPE.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.3: Using Data Displays
Problem 1E
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Month Actual demand Forecasted Demand
1 950 1000
2 1070 1000
3 1100 1000
4 960 1000
5 1090 1000
6 1050 1000

For the dataset above, compute the overall MAPE.

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