Compute the mean absolute percent error


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Q: The number of transistors (in millions) made at a plant in Japan during the past five years follows:

Year Transistors
1    140
2    160
3    190
4    200
5    210

Forecast the number of transistors to be made next year, using linear regression.

Compute the mean squared error (MSE) when using linear regression

Compute the mean absolute percent error (MAPE)

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Basic Statistics: Compute the mean absolute percent error
Reference No:- TGS02044414

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