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Results tagged with mae
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user 328848
The Mean Absolute Error (MAE) is a point forecast accuracy measure. In the forecasting literature, Mean Absolute Deviation (MAD) is used interchangeably.
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MAE or RMSE for my data?
Please, see the link below, I think it will make things more clear for you:
https://www.statology.org/mae-vs-rmse/
https://www.quora.com/What-is-the-interpretation-of-RMSE-MAE-MPE-MAPE-and-MASE-in-testing-forecasting-accuracy … The lower MAE/RMSE the better, these are relative functions which means, you cannot really say they're "good" or "bad" in relation to your data from a certain threshold, but for example compare the quality …
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