One of your employees developed two models for forecasting sales and tried to fit the model to past sales data, as show below. You're not sure which mehod is better than the other, so you decide to calculate the Mean Absolute Percentage Error to explain which forecasting method (Method 1 or Method 2) is "better." Show your work In calculating the MAPE and make a conclusion as to which is a "better" method for predicting future sales Month MO Counter Sales Method 1 Method 2
J 1 353 322 340
F 2 321 335 350
M 3 362 331 372
A 4 370 340 364
M 5 382 362 385
J 6 377 370 391
J 7 392 400 391
A 8 404 405 400