Use Excel to Calculate MAD, MSE, RMSE & MAPE

Crystal ball

To optimize your forecast, whether moving average, exponential smoothing or another form of a forecast, you need to calculate and evaluate MAD, MSE, RMSE, and MAPE. With Excel 2016, this is easy to do.
View the video here: https://studio.youtube.com/video/H_N5_vxs8Tg/edit

Download a copy of the Excel workbook here: Use Excel to Calculate MAD, MSE, RMSE & MAPE

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11 thoughts on “Use Excel to Calculate MAD, MSE, RMSE & MAPE”

    1. This is just an example of a typical forecast. You can develop your forecast using many different methods: simple regression or one of the many time-series methods. These error metrics can be applied to a variety of numerical forecasts.

  1. Thank you sir, this really good, I’ve been trying to get MAPE on every way in excel but didn’t work until i got this, thank you.

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