Selected article for: "forecast performance and model forecast performance"

Author: Luis Angel Hierro-Recio; Antonio Jose Garzon-Gordon; Pedro Atienza-Montero; Jose Luis Marquez
Title: Predicting clinical needs derived from the COVID-19 pandemic: the case of Spain
  • Document date: 2020_4_6
  • ID: aidtsyo1_17
    Snippet: First, we select the model that has the best forecast performance. Table 1 shows RMSE, MSE, MAPE, and SMAPE values for the estimation of equation (1), using from 1 to 10 delays of the explanatory variable. We select the model including eight delays, since it shows the lowest value in the different indicators, which means it outperforms the other estimates in forecasting accuracy......
    Document: First, we select the model that has the best forecast performance. Table 1 shows RMSE, MSE, MAPE, and SMAPE values for the estimation of equation (1), using from 1 to 10 delays of the explanatory variable. We select the model including eight delays, since it shows the lowest value in the different indicators, which means it outperforms the other estimates in forecasting accuracy.

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