Skip to contents

Forecast accuracy metrics

Usage

morie_ts_accuracy(forecast_mean, actual)

Arguments

forecast_mean

Numeric vector of point forecasts.

actual

Numeric vector of realised values (same length).

Value

Named numeric vector: RMSE, MAE, MAPE, ME.

Examples

morie_ts_accuracy(c(1, 2, 3), c(1.1, 1.9, 3.2))
#>       RMSE        MAE       MAPE         ME 
#> 0.14142136 0.13333333 6.86802233 0.06666667