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@stdlib/stats-incr-mape

v0.2.2

Published

Compute the mean absolute percentage error (MAPE) incrementally.

Downloads

115

Readme

incrmape

NPM version Build Status Coverage Status

Compute the mean absolute percentage error (MAPE) incrementally.

The mean absolute percentage error is defined as

where f_i is the forecast value and a_i is the actual value.

Installation

npm install @stdlib/stats-incr-mape

Usage

var incrmape = require( '@stdlib/stats-incr-mape' );

incrmape()

Returns an accumulator function which incrementally computes the mean absolute percentage error.

var accumulator = incrmape();

accumulator( [f, a] )

If provided input values f and a, the accumulator function returns an updated mean absolute percentage error. If not provided input values f and a, the accumulator function returns the current mean absolute percentage error.

var accumulator = incrmape();

var m = accumulator( 2.0, 3.0 );
// returns ~33.33

m = accumulator( 1.0, 4.0 );
// returns ~54.17

m = accumulator( 3.0, 5.0 );
// returns ~49.44

m = accumulator();
// returns ~49.44

Notes

  • Input values are not type checked. If provided NaN or a value which, when used in computations, results in NaN, the accumulated value is NaN for all future invocations. If non-numeric inputs are possible, you are advised to type check and handle accordingly before passing the value to the accumulator function.

  • Warning: the mean absolute percentage error has several shortcomings:

    • The measure is not suitable for intermittent demand patterns (i.e., when a_i is 0).
    • The mean absolute percentage error is not symmetrical, as the measure cannot exceed 100% for forecasts which are too "low" and has no limit for forecasts which are too "high".
    • When used to compare the accuracy of forecast models (e.g., predicting demand), the measure is biased toward forecasts which are too low.

Examples

var randu = require( '@stdlib/random-base-randu' );
var incrmape = require( '@stdlib/stats-incr-mape' );

var accumulator;
var v1;
var v2;
var i;

// Initialize an accumulator:
accumulator = incrmape();

// For each simulated datum, update the mean absolute percentage error...
for ( i = 0; i < 100; i++ ) {
    v1 = ( randu()*100.0 ) + 50.0;
    v2 = ( randu()*100.0 ) + 50.0;
    accumulator( v1, v2 );
}
console.log( accumulator() );

See Also


Notice

This package is part of stdlib, a standard library for JavaScript and Node.js, with an emphasis on numerical and scientific computing. The library provides a collection of robust, high performance libraries for mathematics, statistics, streams, utilities, and more.

For more information on the project, filing bug reports and feature requests, and guidance on how to develop stdlib, see the main project repository.

Community

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License

See LICENSE.

Copyright

Copyright © 2016-2024. The Stdlib Authors.