eldo_user

Monte Carlo Analysis
Primary Statistics of Uncertainty Analysis
• RRMSE — Relative Root Mean Square Error
• MAE — Maximum Absolute Error
• RMAE — Relative Maximum Absolute Error
• Rsqr — Coefficient of determination
with:
The R 2 coefficient may be understood as a measure of the unexplained variance, since the
second term compares the unexplained variance (Mean Square Error Test) with the total
variance of the test data. The values of these estimators are given in the Modeling Accuracy part
of the .mcm file:
Eldo® User's Manual, 15.3 477