Question: Compute the RMSE, ME, MAD, MPE and, MAPE using the accompanying data set that lists the actual and predicted values for 10 observations. (Negative values

Compute the RMSE, ME, MAD, MPE and, MAPE using the accompanying data set that lists the actual and predicted values for 10 observations.(Negative values should be indicated by a minus sign. Round intermediate calculations to at least 4 decimal places and your final answers to 2 decimal places.)

Observation Actual Value Predicted Value
1 2212 2514
2 2091 2275
3 2156 2531
4 1738 2107
5 1888 2458
6 2407 2045
7 1930 1968
8 2399 2474
9 1639 2394
10 2231 2167

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!