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Forecast evaluation statistics with examples in Python

Fischerbach
Originally published at fischerbach.Medium ・1 min read

If I had to choose one basic skill in data science that is the most useful, it would be time series forecasting. Predicting the future value of something contributes to making better decisions. Therefore, it is crucial to be sure that you can rely on forecasting. The choosing, construction and interpretation of forecast evaluation statistics are just as important as making forecasts.

What actually makes up the accuracy of the forecast?

Read More:
https://fischerbach.medium.com/forecast-evaluation-statistics-with-examples-in-python-6b540ef751c2

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