Table 7: Mean Absolute Value (MAE) and Root Mean Squared Error (RMSE) of 1-, 6-, 12-, and 24-Steps-Ahead Forecasts for Metro and Bus Tickets and Travel Cards for Alternative Models
Forecasting periods: 2000-2002
Excel | CSV
| h = 1 |
|
|
|
|
|
|
|
|
|
|
|
|
| MAE |
0.031 |
0.035 |
0.039 |
0.041 |
0.039 |
0.046 |
0.027 |
0.041 |
0.025 |
0.031 |
0.029 |
0.034 |
| RMSE |
0.037 |
0.043 |
0.049 |
0.054 |
0.059 |
0.066 |
0.034 |
0.051 |
0.043 |
0.041 |
0.039 |
0.043 |
| h = 6 |
|
|
|
|
|
|
|
|
|
|
|
|
| MAE |
0.046 |
0.054 |
0.065 |
0.055 |
0.085 |
0.09 |
0.029 |
0.038 |
0.036 |
0.044 |
0.026 |
0.04 |
| RMSE |
0.051 |
0.066 |
0.085 |
0.067 |
0.119 |
0.113 |
0.038 |
0.05 |
0.059 |
0.053 |
0.03 |
0.046 |
| h = 12 |
|
|
|
|
|
|
|
|
|
|
|
|
| MAE |
0.078 |
0.085 |
0.103 |
0.075 |
0.115 |
0.112 |
0.027 |
0.04 |
0.027 |
0.043 |
0.022 |
0.029 |
| RMSE |
0.088 |
0.1 |
0.123 |
0.089 |
0.142 |
0.128 |
0.034 |
0.05 |
0.051 |
0.051 |
0.03 |
0.036 |
| h = 24 |
|
|
|
|
|
|
|
|
|
|
|
|
| MAE |
0.156 |
0.233 |
0.13 |
0.107 |
0.14 |
0.268 |
0.032 |
0.064 |
0.073 |
0.074 |
0.075 |
0.049 |
| RMSE |
0.174 |
0.265 |
0.18 |
0.134 |
0.164 |
0.287 |
0.039 |
0.085 |
0.144 |
0.096 |
0.095 |
0.059 |
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