A number characterizing the model prediction quality ( goodness of fit ) between the datasets of a given variable $\begin{array}{l}x\end{array}$ and its estimator $\begin{array}{l}\hat x\end{array}$ :

(1)	$\begin{array}{l}\displaystyle {\rm APE} = \frac{100 %}{N} \, \sum_{k = 1}^M \frac{\hat x_k - x_k}{x_k}\end{array}$

Page tree

See also

Page tree

Average Percentage Error = APE

See also