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Function documentationLogging Statistical Key Figures

 

This function logs statistical information about the forecast calculation.

Once the forecast function has been executed, the system displays the corresponding statistical information and the error messages for the forecast calculation in the log.

Features

The following statistical information is logged:

  • Error totals

  • Mean absolute deviation (MAD)

  • Mean absolute percent error (MAPE)

  • Mean percentage error (MPE)

  • Mean square error (MSE)

  • Root of the mean square error (RMSE)

  • Number of outliers (when outlier correction is active)

  • Selected forecast model (with automatic model selection)

  • Smoothing factors (with optimization of smoothing factors)

Activities

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