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

  • Ansari Saleh Ahmar Department of Statistics, Universitas Negeri Makassar (ID)
Keywords: MAPE, MSE, forecasting accuracy, forecast

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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.



Published
2020-12-24
Section
Articles
How to Cite
Ahmar, A. S. (2020). Forecast Error Calculation with Mean Squared Error (MSE) and Mean Absolute Percentage Error (MAPE). JINAV: Journal of Information and Visualization, 1(2). https://doi.org/10.35877/454RI.jinav303