Given the following data on the number of complaints from customers in the past few weeks. Week Number of Complaints If the linear trend line is used to forecast the number of complaints for week 6, MAPE is 1 60 2 65 3 55 4 58 5 64

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter11: Building Customer Relationships Through Effective Marketing
Section11.10A: Consumer Buying Behavior
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Given the following data on the number of complaints from customers in the past few weeks.
1
3
4
5
Week
Number of
Complaints
5.4%
5%
6.5%
60
O 7%
2
65
If the linear trend line is used to forecast the number of complaints for week 6, MAPE is
55
58
64
Transcribed Image Text:Given the following data on the number of complaints from customers in the past few weeks. 1 3 4 5 Week Number of Complaints 5.4% 5% 6.5% 60 O 7% 2 65 If the linear trend line is used to forecast the number of complaints for week 6, MAPE is 55 58 64
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