Mean Absolute Percentage Error

GPTKB entity

Statements (17)
Predicate Object
gptkbp:instanceOf statistical metric
gptkbp:abbreviation MAPE
gptkbp:alternativeTo gptkb:Root_Mean_Squared_Error
Mean Absolute Error
gptkbp:category error metric
gptkbp:component actual value
forecast value
gptkbp:form MAPE = (1/n) * Σ(|(A_t - F_t)/A_t|) * 100%
gptkbp:hasUnit percentage
https://www.w3.org/2000/01/rdf-schema#label Mean Absolute Percentage Error
gptkbp:limitation undefined when actual value is zero
gptkbp:used_in gptkb:machine_learning
statistics
time series analysis
gptkbp:usedFor forecast accuracy
gptkbp:bfsParent gptkb:Mean_Percentage_Deviation
gptkbp:bfsLayer 7