Table 7: Mean Absolute Value (MAE) and Root Mean Squared Error (RMSE) of 1-, 6-, 12-, and 24-Steps-Ahead Forecasts for Metro and Bus Tickets and Travel Cards for Alternative Models | Bureau of Transportation Statistics

Table 7: Mean Absolute Value (MAE) and Root Mean Squared Error (RMSE) of 1-, 6-, 12-, and 24-Steps-Ahead Forecasts for Metro and Bus Tickets and Travel Cards for Alternative Models

Forecasting periods: 2000-2002

	SMT		10MT		SBT		10BT		TC		JTC
	Causal	DHR	Causal	DHR	Causal	DHR	Causal	DHR	Causal	DHR	Causal	DHR
h = 1
MAE	0.031	0.035	0.039	0.041	0.039	0.046	0.027	0.041	0.025	0.031	0.029	0.034
RMSE	0.037	0.043	0.049	0.054	0.059	0.066	0.034	0.051	0.043	0.041	0.039	0.043
h = 6
MAE	0.046	0.054	0.065	0.055	0.085	0.09	0.029	0.038	0.036	0.044	0.026	0.04
RMSE	0.051	0.066	0.085	0.067	0.119	0.113	0.038	0.05	0.059	0.053	0.03	0.046
h = 12
MAE	0.078	0.085	0.103	0.075	0.115	0.112	0.027	0.04	0.027	0.043	0.022	0.029
RMSE	0.088	0.1	0.123	0.089	0.142	0.128	0.034	0.05	0.051	0.051	0.03	0.036
h = 24
MAE	0.156	0.233	0.13	0.107	0.14	0.268	0.032	0.064	0.073	0.074	0.075	0.049
RMSE	0.174	0.265	0.18	0.134	0.164	0.287	0.039	0.085	0.144	0.096	0.095	0.059