aabse {termstrc}R Documentation

Average Absolute Mean Error

Description

Average absolute mean error

Usage

aabse(actual, estimated)

Arguments

actual vector, consisting of the observed values
estimated vector, consisting of the estimated values

Details

Calculation of the AABSE according to the formula:

AABSE=frac{1}{n}sum_{i=1}^{n}{|e_i-overline{e_i}|}

Author(s)

Robert Ferstl, Josef Hayden

References

David Bolder and David Streliski (1999): Yield Curve Modelling at the Bank of Canada.Technical Report No 84 Bank of Canada

See Also

rmse


[Package termstrc version 1.0 Index]