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cSEM (version 0.5.0)

calculateMAE: Internal: Calculate prediction metrics

Description

Currently, the following prediction measures are available:

Usage

calculateMAE(resid)

Arguments

Value

A vector of the prediction measures for the observed variables belonging to endogenous constructs

Details

  • Mean absolute error

  • Mean absolute percentage error

  • Mean squared error

  • Root mean squared error

  • Theil's forecast accuracy

  • Theil's forecast quality

  • Bias proportion of MSE

  • Regression proportion of MSE

  • Disturbance proportion of MSE