Logging Statistical Key Figures 

Use

This function logs statistical information about the forecast result.

After the forecast function has been executed the system displays the corresponding statistical information on the Log tab page, just as with error messages.

Features

The following statistical information is logged:

·        Mean absolute percentage error (MAPE)

·        Squared root from the mean squared error (RMSE)

·        Standard deviation of residuals

·        R squared (r²) as the measure of how well the model fits the data

·        Number of outliers (where outlier correction is active)

·        Forecast model (with automatic model selection)

·        Smoothing factors (where optimization is active)

Activities

Choose this option in order to log statistical information about the forecast result.