A pragmatic view of accuracy measurement in forecasting

@inproceedings{Flores1986APV,
  title={A pragmatic view of accuracy measurement in forecasting},
  author={Benito E. Flores},
  year={1986}
}
Accuracy measurement in forecasting is always a subject of debate because of its importance. An adequate metric is necessary to properly select a forecasting method for a specific application. Competitions to determine the best method have helped the practitioner. The criteria for selection have not received as much attention. Of the two kinds of measurement statistics--relative and absolute--the former may present problems for the user if zeros or near zero values appear. This is more a… CONTINUE READING

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