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Measuring forecast accuracy Rob J Hyndman Monday, 31 March 2014 Everyone wants to know how accurate their forecasts are. Does your forecasting method give good forecasts? Are they better than the competitor methods?
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Document Date: 2014-05-23 21:35:02
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File Size: 112,96 KB
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Organization
Australian Bureau of Statistics /
/
Person
George Athanasopoulos /
Rob J Hyndman /
MAE RMSE MAPE MASE /
MAE RMSE MAPE /
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PublishedMedium
Journal of Statistical Software /
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URL
www.otexts.org/fpp/2/5 /
http /
SocialTag
Forecasting
Forecast error
Mean absolute scaled error
Cross-validation
Mean absolute percentage error
Mean absolute error
Calculating demand forecast accuracy
Ensemble forecasting
Statistics
Statistical forecasting