Exercise

Calculating transfer function MAPE and MAE

Just how off were these forecasts? The MAE and MAPE will help us understand this. Your validation data is stored as MET_hi_v and your final forecast is for_MET_hi_final. Remember that MAE is the absolute difference while the MAPE is the relative absolute difference.

Instructions

100 XP

Calculate the MAE of this forecast.
Calculate the MAPE of this forecast.