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

Ansari Saleh Ahmar

doi:10.35877/454RI.jinav303

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

Authors

Ansari Saleh Ahmar Department of Statistics, Universitas Negeri Makassar, Makassar, Indonesia http://orcid.org/0000-0001-6888-9043

DOI:

https://doi.org/10.35877/454RI.jinav303

Keywords:

MAPE, MSE, forecasting accuracy, forecast

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

2023-01-03

How to Cite

Ahmar, A. S. (2023). Forecast Error Calculation with Mean Squared Error (MSE) and Mean Absolute Percentage Error (MAPE). JINAV: Journal of Information and Visualization, 1(2), 94–96. https://doi.org/10.35877/454RI.jinav303