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{lvmisc} contains a group of useful functions to compute basic indices of accuracy. These functions can be divided in those which compute element-wise values and those which compute average values:
error()
error_abs()
error_pct()
error_abs_pct()
error_sqr()
mean_error()
mean_error_abs()
mean_error_pct()
mean_error_abs_pct()
mean_error_sqr()
mean_error_sqr_root()
bias()
loa()
You may notice that the majority of these functions have common
prefixes (error_
and mean_error_
), intended to
facilitate the use, as most text editors have an auto-complete feature.
Also all of the accuracy indices functions take actual
and
predicted
as arguments, and the functions that return
average values have na.rm = TRUE
in addition.
Let’s now see how each function computes its results
error()
It simply subtracts the predicted
from the
actual
values.
Formula: \[a_i - p_i\]
error_abs()
It returns the absolute values of the error()
function.
Formula: \[|a_i - p_i|\]
error_pct()
Divides the error by the actual
values.
Formula: \[\frac{a_i - p_i}{a_i}\cdot100\]
error_abs_pct()
Returns the absolute values of the error_pct()
function.
Formula: \[\frac{|a_i - p_i|}{|a_i|}\cdot100\]
error_sqr()
It squares the values of the error()
function.
Formula: \[(a_i - p_i)^2\]
mean_error()
It is the average of the error.
Formula: \[\frac{1}{N}\sum_{i = 1}^{N}(a_i - p_i)\]
mean_error_abs()
Computes the average of the absolute error.
Formula: \[\frac{1}{N}\sum_{i = 1}^{N}|a_i - p_i|\]
mean_error_pct()
The average of the percent error.
Formula: \[\frac{1}{N}\sum_{i = 1}^{N}\frac{a_i - p_i}{a_i}\cdot100\]
mean_error_abs_pct()
It is the average of the absolute percent error.
Formula: \[\frac{1}{N}\sum_{i = 1}^{N}\frac{|a_i - p_i|}{|a_i|}\cdot100\]
mean_error_sqr()
Averages the mean squared error.
Formula: \[\frac{1}{N}\sum_{i = 1}^{N}(a_i - p_i)^2\]
mean_error_sqr_root()
It takes the square root of the mean squared error.
Formula: \[\sqrt{\frac{1}{N}\sum_{i = 1}^{N}(a_i - p_i)^2}\]
bias()
Alias to mean_error()
.
loa()
Formula: \[bias \pm 1.96\sigma\]
Where \(\sigma\) is the standard deviation.
These binaries (installable software) and packages are in development.
They may not be fully stable and should be used with caution. We make no claims about them.
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