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28 February, 01:30

What is a forecast error

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  1. 28 February, 01:31
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    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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