Suppose the table below shows the actual and the predicted s…
Suppose the table below shows the actual and the predicted sales values for the 4 months (August-November). Actual Predicted 180 170 190 180 200 190 210 196 Round your final answers to 3 decimal places Calculate the MAD [MAD] Calculate the MAPE [MAPE]
Read DetailsUse the following information to answer questions #1-#5 : A…
Use the following information to answer questions #1-#5 : An online retail company is trying to predict customer spending in the first two months of the year. The marketing analyst of the company has compiled a data set on 180 existing customers that includes sex (Sex: Female/Male), annual income in 1,000s (Income), age (Age, in years), and total spending in the first 2 months of the year (Spending). The excel file RetailData.xlsx contains the dataset the marketing analyst compiled.
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