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Li and Shi [23] present a comparison study on the application of different ANN in hour-ahead wind-speed forecasting and measure forecasting performance in terms of MAE and RMSE.
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The assessment of forecast performance is performed in terms of the daily average (bias) and root-mean-square (RMS) of the differences between the forecast products and CODE final GIMs, as shown in Eqs.
Among the different forecasting systems, the fuzzy system showed better performance in terms of lower numbers of false positives for all validation datasets.
Rather than forecasting demand and staffing a restaurant accordingly, as most systems do, the software tracks waitstaff performance in terms of per-customer sales and satisfaction (gauged by tips).
Floris et al. (2001) had provided comprehensive comparison of the performance, in terms of accuracy, of some existing methods used for quantification of uncertainty of production forecasts.
Officials measure their own performance in terms of their output.
Results indicate that the proposed DE LSTM model outperforms existing forecasting models in terms of forecasting accuracies.
This paper aims to analyze and compare various methods of solar photovoltaic power forecasting in terms of characteristics and performance.
Performance improvement in terms of discharge forecasting skill was then evaluated.
IC provides a relative measure of forecast accuracy in terms of deviation from the perfect forecast (Henderson 2010).
We also evaluate the forecast accuracy in terms of the tide gauge observations.
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