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Table 3 MAE and MSE over the evaluation period.

From: Forecasting worldwide empty container availability with machine learning techniques

 

Mean absolute error

Mean squared error

Approach

Twenty-foot

Forty-foot

Twenty-foot

Forty-foot

Neural Network

0.0753

0.0711

0.0093

0.0086

Probabilistic Model

0.1048

0.0870

0.0170

0.0122

Benchmark Naive

0.1086

0.0925

0.0194

0.0147

Benchmark SES

0.1018

0.0864

0.0176

0.0131