Table 2.
Experimental results of the 14 forecast lengths with 301 forecasts each
Forecast Length | MAE of daily expected value | Mean of Z-scores | SD of Z-scores | ||
---|---|---|---|---|---|
Observed | Theoretical | Difference | |||
1 | 5.1 | 3.7 | 1.4 | −0.01 | 1.02 |
2 | 6.5 | 5.0 | 1.5 | −0.02 | 1.02 |
3 | 6.9 | 5.7 | 1.2 | −0.02 | 0.98 |
4 | 7.1 | 6.2 | 0.9 | −0.03 | 0.96 |
5 | 7.3 | 6.5 | 0.8 | −0.04 | 0.99 |
6 | 7.5 | 6.7 | 0.8 | −0.05 | 1.00 |
7 | 7.6 | 6.8 | 0.7 | −0.05 | 1.02 |
8 | 7.7 | 7.0 | 0.7 | −0.06 | 1.03 |
9 | 7.7 | 7.0 | 0.7 | −0.06 | 1.04 |
10 | 7.8 | 7.1 | 0.7 | −0.08 | 1.05 |
11 | 7.8 | 7.1 | 0.7 | −0.08 | 1.05 |
12 | 7.8 | 7.2 | 0.6 | −0.08 | 1.06 |
13 | 7.8 | 7.2 | 0.6 | −0.09 | 1.06 |
14 | 7.8 | 7.3 | 0.6 | −0.09 | 1.06 |