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How Can I Calculate MAPE? How To Calculate MAPE?

MAPE is a measure of prediction accuracy of a forecasting method in statistics, for example in trend estimation, also used as a Loss function for regression problems in Machine Learning. The MAPE (Mean Absolute Percent Error) measures the size of the error in percentage terms.

The mean absolute percentage error (MAPE) is a statistical measure of how accurate a forecast system is. It measures this accuracy as a percentage, and can be calculated as the average absolute percent error for each time period minus actual values divided by actual values.

MAPE and MAPD are same and there is a calculator in AgriMetSoft website for this calculation. You can click on MAPE and use the calculator.

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