Table 8.
Model summary on the validation data set (monthly 2016-2017)
Model Summary
Fit statistics
Mean
Stationary R-squared
0.656
R-squared
0.708
RMSE
0.356
MAPE
107.391
MaxAPE
1081.509
MAE
0.094
MaxAE
0.287
Normalized BIC
0.660
Ljung-Box Statistics (Sig.)
7.111 (0.213)
Constant Estimate (Sig.)
−2.198 (0.806)
Model Summary
Fit statistics
Mean
Stationary R-squared
0.656
R-squared
0.708
RMSE
0.356
MAPE
107.391
MaxAPE
1081.509
MAE
0.094
MaxAE
0.287
Normalized BIC
0.660
Ljung-Box Statistics (Sig.)
7.111 (0.213)
Constant Estimate (Sig.)
−2.198 (0.806)
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