Table 5 Averaged errors in determining... | Emerald Publishing

Table 5

Averaged errors in determining the relative degree of grey incidence depending on the method of standardising variables for each of the three cases

	Case 1			Case 2			Case 3
	st_1	st_2	st_3	st_1	st_2	st_3	st_1	st_2	st_3
ME	−0.0177	−0.0004	0.0187	−0.013	−0.0034	0.0165	−0.0199	−0.001	0.0209
MPE	−3.1423	−0.3446	2.8409	−2.2862	−0.6883	2.4795	−3.7204	−0.4412	3.0946
MAE	0.0286	0.0139	0.0216	0.0243	0.014	0.0226	0.0336	0.0189	0.0271
MAPE	4.579	2.0776	3.2199	3.7159	2.0368	3.245	5.4699	2.6662	4.2164
MSE	0.0015	0	0.0002	0.0008	0	0.0003	0.0024	0.0004	0.0009
RMSE	0.0286	0.0139	0.0216	0.0243	0.014	0.0226	0.0336	0.0189	0.0271

	Case 1			Case 2			Case 3
	st_1	st_2	st_3	st_1	st_2	st_3	st_1	st_2	st_3
ME	−0.0177	−0.0004	0.0187	−0.013	−0.0034	0.0165	−0.0199	−0.001	0.0209
MPE	−3.1423	−0.3446	2.8409	−2.2862	−0.6883	2.4795	−3.7204	−0.4412	3.0946
MAE	0.0286	0.0139	0.0216	0.0243	0.014	0.0226	0.0336	0.0189	0.0271
MAPE	4.579	2.0776	3.2199	3.7159	2.0368	3.245	5.4699	2.6662	4.2164
MSE	0.0015	0	0.0002	0.0008	0	0.0003	0.0024	0.0004	0.0009
RMSE	0.0286	0.0139	0.0216	0.0243	0.014	0.0226	0.0336	0.0189	0.0271

Source(s): Own elaboration