The difference between the first and prognosticated values is represented by MSE (Mean Squared Error), which is generated by squaring the average difference over the data set. It's a metric for determining how close a fitted line is to the real data points.
The error rate by the square root of MSE is called RMSE (Root Mean Squared Error). RMSE is a better measure of fit than a correlation coefficient since it can be immediately translated into dimension units.
Top comments (0)