Search: RMSEs

Sort by: Relevance Date
1–3 of 3 collapsed search results for RMSEs

RBA Glossary definition for RMSEs

RMSEs – Root Mean Squared Errors

Search Results

Introduction

16 May 2008 RDP 2008-02
Hugo Gerard and Kristoffer Nimark
2007). While point forecast combinations are usually evaluated according to root mean squared errors (RMSE), the criteria for evaluating density forecasts are less clear cut.
https://www.rba.gov.au/publications/rdp/2008/2008-02/introduction.html

Combining the Model Forecasts

16 May 2008 RDP 2008-02
Hugo Gerard and Kristoffer Nimark
This makes the predictive likelihood appealing when evaluating density forecasts from different models, although the ranking of models could be quite different to that obtained according to RMSEs based on point
https://www.rba.gov.au/publications/rdp/2008/2008-02/com-mod-forecasts.html

Evaluating Density Forecasts

16 May 2008 RDP 2008-02
Hugo Gerard and Kristoffer Nimark
For point forecasts, accuracy is usually interpreted to mean that the forecast errors are unbiased and small according to RMSEs.
https://www.rba.gov.au/publications/rdp/2008/2008-02/eva-den-forecasts.html