termstrc (version 1.0)

aabse: Average Absolute Mean Error

Description

Average absolute mean error

Usage

aabse(actual, estimated)

Arguments

actual

vector, consisting of the observed values

estimated

vector, consisting of the estimated values

Details

Calculation of the AABSE according to the formula: $$AABSE=\frac{1}{n}\sum_{i=1}^{n}{|e_i-\overline{e_i}|}$$

References

David Bolder and David Streliski (1999): Yield Curve Modelling at the Bank of Canada.Technical Report No 84 Bank of Canada

See Also

rmse