Simple Baseline Methods
On a trend the mean method scored MAE 15.8737 against drift’s 2.2367. On a seasonal series, seasonal naive won at 1.7016 against naive’s 3.0688.
On a trend the mean method scored MAE 15.8737 against drift’s 2.2367. On a seasonal series, seasonal naive won at 1.7016 against naive’s 3.0688.
Removing half the remaining errors reads as 1.5000, 1.2143, 1.0556 and 1.0051 depending only on the majority class.
Always predicting the majority class scored 0.9204 accuracy against the model’s 0.9654 — and 0.0000 F1 against 0.7389.
Understand Baseline through clear definitions, worked examples, and the conditions needed to interpret a business measure.