Metric | Name | Ref. | Remark |
MRE | Magnitude of Relative Error | |y'i − yi|/yi | |
BRE | Balanced Relative Error | |y'i − yi|/min(y'i, yi) | |
MER | Magnitude of Error Relative | |y'i − yi|/y'i | |
MMRE | Mean Magnitude of Relative Error | ||
PRED(1) | Prediction at Level l | ||
MdMRE | Median Magnitude of Relative Error | median (MRE) | |
Pearson’s correlation | Relation between two sets of data (estimated and actual) | ||
Friedman test | Non-parametric hypothesis test as an alternative to one-way ANOVA | ||
Wilcoxon matched pairs signed-rank test | Non-parametric as an alternative to parametric paired simple t-test | ||
Kruskal-Wallis ANOVA test | Non-parametric as alternative one-way ANOVA > 3 samples |