Abstract
Dear Sir, In a recent paper describing results of forecasting by numerical methods (STAFF MEMBERS, UNIVERSITY OF STOCKHOLM, 1954), it was stated that the correlation between observed and computed changes is not a satisfactory measure of the goodness of a forecast. Previously the same group (Staff Members, University of Stockholm, 1952) had raised the objection that a correlation coefficient measures the similarity in behaviour of two variables without any reference to systematic errors such as a difference in scale of the variations.
DOI: https://doi.org/10.3402/tellusa.v7i2.8774 | Journal eISSN: 3035-9554
Language: English
Page range: 275 - 276
Published on: Jan 1, 1955
Published by: Stockholm University Press
In partnership with: Paradigm Publishing Services
© 1955 Alison M. Grant, Bert Bolin, published by Stockholm University Press
This work is licensed under the Creative Commons Attribution 4.0 License.
