14. WORKLOAD FORECASTING › 14.3 Standard Output › 14.3.2 Standard Reports and Graphs › 14.3.2.2 Training Phase Statistics Summary Report

14.3.2.2 Training Phase Statistics Summary Report

This report displays the model statistics from the training
phase and is used to evaluate the success and performance of
the model training.

  SUMMARY OF NEUGENT'S TRAINING PHASE
NUMBER OF CASES USED FOR TRAINING: 000040
     AVERAGE MODEL ERROR MEASURED: 0.0092
 AVERAGE MODEL RMS ERROR MEASURED: 0.0001
      'GOODNESS OF FIT' FOR MODEL: 0.9960

 Figure 14-2.  Training Phase Statistics Summary Report

The Model Training Phase Summary report contains the
following information:


NUMBER OF     The number of observations (cases) actually
CASES USED    selected by the model for training purposes.
FOR TRAINING:

AVERAGE       The mean of all error values detected during
MODEL ERROR:  the Training phase, expressed as a percentage
              of the Analysis element values.  Error values
              are the difference between the predicted and
              original Analysis element values.

AVERAGE       The Root-Mean-Square value of the total model
MODEL RMS:    error.  This is an estimate of the standard
              deviation of model errors and serves as an
              estimate of the distribution of error values.

GOODNESS      The ANOVA R**2 value produced by Neugents
OF FIT:       Technology that represents the percentage of
              predicted values addressed by the model. This
              is a general measure of how effective the model
              is performing.