Definition: Mean absolute percentage error (MAPE)

Category: Foreign AffiliaTes Stat. (FATS)

Mean Absolute Percentage Error (MAPE) is used to for characterising the size of revisions. http://ec.europa.eu/eurostat/product?code=KS-RA-12-016&mode=view
Source:
Eurostat, "Foreign AffiliaTes Statistics (FATS) - Recommendations Manual", Methodologies and Working papers, Publications Office of the European Union, Luxembourg 2012
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