Mean Square Error in Industrial Engineering Formulas

Mean Square Error of an estimator measures the average of the squares of the errors—that is, the average squared difference between the estimated values and the actual value. And is denoted by MSE.

Industrial Engineering formulas that make use of Mean Square Error

fxStandard Error (Pooled)Go

FAQ

What is the Mean Square Error?

Mean Square Error of an estimator measures the average of the squares of the errors—that is, the average squared difference between the estimated values and the actual value.

Can the Mean Square Error be negative?

{YesorNo}, the Mean Square Error, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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