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Comparison of the fitting and forecasting accuracy of the three models
| performance index | Training set | Test set | |||||
|---|---|---|---|---|---|---|---|
| ARIMA | Elman | Jordan | ARIMA | Elman | Jordan | ||
| RMSE | 405.746 | 297.181 | 361.283 | 1050.018 | 684.450 | 561.442 | |
| MAE | 294.190 | 231.061 | 287.370 | 873.840 | 502.926 | 374.737 | |
| MAPE | 0.112 | 0.115 | 0.113 | 0.236 | 0.156 | 0.113 | |
