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Good values for MAPE

 
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mustarirakos



Joined: 14 Jul 2010
Posts: 1

PostPosted: Wed Jul 14, 2010 7:57 am    Post subject: Good values for MAPE Reply with quote

Could somebody please tell me what a good "cut off" point is for the Mean Absolute Percentage Error. i.e I am doing trend analysis using minitab and it has given me a MAPE value of 2.27, a MAD value of 0.00162 and an MSD value of 0. The MAD and MSD values generally stay low but is this a bad MAPE value?
Thank-you.


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