Table 16 Overall performance of the models.
Model | MAPE | Forecast | 95% C.I | RE | ||
|---|---|---|---|---|---|---|
VAR | 0.233043 | 1218.75 | (866.209, 1571.29) | 100 | ||
Proposed (Fuzzy Models) | VAR (Specified Parameters) | TFN | 0.204328 | 974.002 | (495.031, 1452.97) | 114.053 |
TrFN | 0.095579 | 892.960 | (382.104, 1403.82) | 243.822 | ||
VAR (Optimized Parameters) | TFN | 0.160489 | 974.002 | (495.031, 1452.97) | 145.208 | |
TrFN | 0.063558 | 916.975 | (396.685, 1437.27) | 366.662 | ||
