loss_function: Calculate error via loss functions

In OOS: Out-of-Sample Time Series Forecasting

Description

A function to calculate various error loss functions. Options include: MSE, RMSE, MAE, and MAPE. The default is MSE loss.

Usage

loss_function(forecast, observed, metric = "MSE")

Arguments

forecast	numeric: vector of forecasted values
observed	numeric: vector of observed values
metric	string: loss function

Value

numeric test result

OOS documentation built on March 17, 2021, 5:08 p.m.