Are you an EPFL student looking for a semester project?
Work with us on data science and visualisation projects, and deploy your project as an app on top of GraphSearch.
Concept
Forecast skill
Summary
In the fields of forecasting and prediction, forecasting skill or prediction skill is any measure of the accuracy and/or degree of association of prediction to an observation or estimate of the actual value of what is being predicted (formally, the predictand); it may be quantified as a skill score.
In meteorology, more specifically in weather forecasting, skill measures the superiority of a forecast over a simple historical baseline of past observations. The same forecast methodology can result in different skill scores at different places, or even in the same place for different seasons (e.g., spring weather might be driven by erratic local conditions, whereas winter cold snaps might correlate with observable polar winds). Weather forecast skill is often presented in the form of seasonal geographical maps.
Forecasting skill for single-value forecasts (i.e., time series of a scalar quantity) is commonly represented in terms of metrics such as correlation, root mean squared error, mean absolute error, relative mean absolute error, bias, and the Brier score, among others. A number of scores associated with the concept of entropy in information theory are also being used.
The term 'forecast skill' may also be used qualitatively, in which case it could either refer to forecast performance according to a single metric or to the overall forecast performance based on multiple metrics.
Probabilistic forecast skill scores may use metrics such as the Ranked Probabilistic Skill Score (RPSS) or the Continuous RPSS (CRPSS), among others. Categorical skill metrics such as the False Alarm Ratio (FAR), the Probability of Detection (POD), the Critical Success Index (CSI), and Equitable Threat Score (ETS) are also relevant for some forecasting applications. Skill is often, but not exclusively, expressed as the relative representation that compares the performance of a particular forecast prediction to that of a reference, benchmark prediction—a formulation called a 'Skill Score'.
Official source
About this result
This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.