Metric

Name

Ref.

Remark

MRE

Magnitude of Relative Error

[22]

|y'i − yi|/yi

BRE

Balanced Relative Error

[24]

|y'i − yi|/min(y'i, yi)

MER

Magnitude of Error Relative

[25]

|y'i − yi|/y'i

MMRE

Mean Magnitude of Relative Error

[22]

PRED(1)

Prediction at Level l

[22]

MdMRE

Median Magnitude of Relative Error

[26]

median (MRE)

Pearson’s correlation

Relation between two sets of data (estimated and actual)

[27]

Friedman test

Non-parametric hypothesis test as an alternative to one-way ANOVA

[26]

Wilcoxon matched pairs signed-rank test

Non-parametric as an alternative to parametric paired simple t-test

[28]

Kruskal-Wallis ANOVA test

Non-parametric as alternative one-way ANOVA > 3 samples

[29]