A New Measure of Forecast Accuracy

摘要：

In this paper,we present a new measure of forecast accuracy:a modified mean absolute percentage error (MAPE).As a means of establishing the goodness of fit,we set different objective functions,by implementation of a global optimization algorithm,the results of setting the objective function as modified,MAPE are compared with the results of setting the objective function as MAPE,comparisons demonstrate that modified MAPE comes with lower prediction error.

关键词： Modified MAPE Forecasting:MAPE

作者: Haijun Chen Lifeng Wu

作者单位: Department of Mathematics.Handan College Handan,China San Ling School District of Handan County Handan,China

会议类型: 国际会议

会议名称: 2010 2nd IEEE International Conference on Information and Financial Engineering(2010年第二届IEEE信息与金融工程国际会议 ICIFE 2010)

会议地点: 重庆

会议语种:英文

页码: 710-712

在线出版日期: 2010-09-17（万方平台首次上网日期，不代表论文的发表时间）