Alteryx Designer Desktop Discussions

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Find accuracy in %

Rhitik_Krishnani
8 - Asteroid

Hello

I wanted to ask that how to calculate or see the accuracy in % of the forecasting models i.e ETS and ARIMA

beacuse I am unable to find where Alteryx has calculated the accuracy of the model

 

~Thank You

Rhitik Krishnani

4 REPLIES 4
AngelosPachis
16 - Nebula

Hi @Rhitik_Krishnani ,

 

Can you define what you mean accuracy here? Is it the % difference between each model forecast and the actual data, or is it something like the accuracy statistics (i.e.mean forecast error (ME), the square root of the mean squared forecast errors (RMSE) etc.)?

 

Thanks,

Angelos

CharlieS
17 - Castor
17 - Castor

The TS Compare tool outputs accuracy statistics for all models tested. Here is what that looks like from the workflow we were looking at last week:

 

20211208-TSCompareAccuracy.PNG

 

It sounds like you're looking for MAPE (Mean Absolute Percent Error), which is one of the fields in that accuracy table from the TS Compare tool. 

Rhitik_Krishnani
8 - Asteroid

Hello,

 

So in the other words is it like that ?

100% - MAPE % = Accuracy %

 

CharlieS
17 - Castor
17 - Castor

"Accuracy %" isn't the best way to look at it, but yes, you could perform that calculation. 

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