Mean Absolute Percentage Error (MAPE) by Jean Paul MitterhoferMean Absolute Percentage Error (MAPE) by Jean Paul Mitterhofer

Mean Absolute Percentage Error (MAPE)

Jean Paul Mitterhofer

Jean Paul Mitterhofer

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Posted Jul 2, 2024

Mean Absolute Percentage Error (MAPE) is a statistical measure used to assess the accuracy of a forecast model. It quantifies the prediction error as a %.