Statistical estimators used in regression or optimization problems. Implemented metrics:
- RSS (Residual Sum of Squares):
- MSE (Mean Squared Error):
- MSPE (Mean Squared Percentage Error):
- RMSE (Root-Mean-Square Error):
- RMSPE (Root-Mean-Square Percentage Error):
- MAE (Mean Absolute Error):
- MAPE (Mean Absolute Percentage Error):
- RSE (Relative Squared Error):
- RAE (Relative Absolute Error):
- R2 (Coefficient of determination):
Where is the actual value,
is the forecasted value,
and
are the average of the
variable and the number of samples, respectively.