Kanjanatarakul, Orakanya; Suriya, Komsan - In: The Empirical Econometrics and Quantitative Economics … 1 (2012) 4, pp. 89-106
This paper compares the accuracy of sales forecasting between Bass model (Bass, 1969) and Logistic function (Stoneman … Absolute Percentage Error (MAPE) of the out-of-sample test. It matches Bass model and Logistic function which are estimated by … the same method and compare their performances. Moreover, it compares the best Bass model with the best Logistic function …