2020JINAV Journal of Information and VisualizationOpen access

Forecast Error Calculation with Mean Squared Error (MSE) and Mean Absolute Percentage Error (MAPE)

Ansari Saleh Ahmar

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Abstract

Calculation errors in forecasting a data are very important from a forecasting process. The high level of forecasting accuracy will affect the level of confidence in forecasting decision making.

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Calculation errors in forecasting a data are very important from a forecasting process. The high level of forecasting accuracy will affect the level of confidence in forecasting decision making.

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OpenAlex reports 26 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

Calculation errors in forecasting a data are very important from a forecasting process. The high level of forecasting accuracy will affect the level of confidence in forecasting decision making.

Key concepts: Mean absolute percentage error, Mean absolute error, Mean squared error, Statistics, Mathematics, Mean squared prediction error

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