MAE {PerMat}

Mean Absolute Error

Description

Mean Absolute Error

Usage

MAE(actual, predicted)

Arguments

actual

Actual value of the target variable

predicted

Predicted/forecasted value of the target variable

Value

MAE of the fitted model

Examples

 actual <- c(100, 150, 200, 250, 300, 350, 400, 450, 500, 550)
predicted <- c(95, 148, 210, 245, 290, 360, 395, 440, 510, 540)
MAE(actual, predicted)