How to Evaluate MAD, MSE, RMSE, and MAPE for an Excel Forecast

How to Evaluate MAD, MSE, RMSE, and MAPE for an Excel Forecast

HomeOther ContentHow to Evaluate MAD, MSE, RMSE, and MAPE for an Excel Forecast
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Channel Avatar The Stats Files - Dawn Wright Ph.D.2017-03-06 04:04:36 Thumbnail
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Using the previous Excel example https://youtu.be/H_N5_vxs8Tg , I show the strengths and weakness of the MAD, MSE, RMSE and MAPE error metrics. Learn more at http://www.drDawnWright.com You can download the Excel worksheet here: http://www.drdawnwright.com/?p=15718

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