Table 10: Root Mean Squared Error (RMSE) of 1-, 6-, 12-, and 24-Steps-Ahead Forecasts for Metro and Bus Tickets and Travel Cards for the DHR, Causal, and Average Forecasts

Table 10: Root Mean Squared Error (RMSE) of 1-, 6-, 12-, and 24-Steps-Ahead Forecasts for Metro and Bus Tickets and Travel Cards for the DHR, Causal, and Average Forecasts

Forecasting Period: 2000-2002

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  SMT 10MT SBT 10BT TC JTC
h = 1            
Causal 0.037 0.049 0.059 0.034 0.043 0.039
DHR 0.043 0.054 0.066 0.051 0.041 0.043
Average 0.037 0.042 0.059 0.035 0.037 0.033
h = 6            
Causal 0.051 0.085 0.119 0.038 0.059 0.030
DHR 0.066 0.067 0.113 0.050 0.053 0.046
Average 0.055 0.069 0.111 0.038 0.052 0.031
h = 12            
Causal 0.088 0.123 0.142 0.034 0.051 0.030
DHR 0.100 0.089 0.128 0.050 0.051 0.036
Average 0.091 0.101 0.126 0.036 0.045 0.026
h = 24            
Causal 0.174 0.180 0.164 0.039 0.144 0.095
DHR 0.265 0.134 0.287 0.085 0.096 0.059
Average 0.213 0.145 0.204 0.051 0.108 0.028