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Official Journal of the Asia Oceania Geosciences Society (AOGS)

Table 7 Error metrics and accuracy statistics of this study

From: One-step ahead forecasting of geophysical processes within a purely statistical framework

s/n

Abbreviated name

Full name

Category

Values

Optimum value

1

E

Error

Error metrics

(−∞, +∞)

0

2

AE

Absolute error

[0, +∞)

0

3

PE

Percentage error

(−∞, +∞)

0

4

APE

Absolute percentage error

[0, +∞)

0

5

MdoAE

Median of the absolute errors

Accuracy statistics

[0, +∞)

0

6

MdoAPE

Median of the absolute percentage errors

[0, +∞)

0

7

LRC

Linear regression coefficient

(−∞, +∞)

1

8

R2

Coefficient of determination

[0, 1]

1