Mean absolute percentage error
Measure of prediction accuracy of a forecast
Mean absolute percentage error
The mean absolute percentage error (MAPE), also known as mean absolute percentage deviation (MAPD), is a measure of prediction accuracy of a forecasting method in statistics. It usually expresses the accuracy as a ratio defined by the formula: MAPE = 100 1 n ∑ t = 1 n | A t − F t A t |...
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