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Former Member
Feb 24, 2010 at 06:04 AM

forecasting error measure


Hi Experts,

I have small doubt about the forecasting error measure like MAD, MSE, RMSE, MAPE, MPE & ET.

Does we get different result if we choose different error measure for strategy 40 i.e. forecast with seasonal trend model?

I am getting same forrcast for all error measure for this case.

The error measures are working fine & result changing in use Autoselection strategy - 56 for forecasting.

Does it mean that, all above error measure works only for specific forecasting strategy.

Your any inputs/experience are highly appreciated in this case!

Thanks for looking into it...