Mean Bias Error Formula:
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Mean Bias Error (MBE) is a statistical metric that measures the average bias in predictions. It indicates whether a model tends to overpredict or underpredict on average.
The calculator uses the MBE formula:
Where:
Explanation: The formula calculates the average difference between predicted and observed values. Positive MBE indicates overprediction, negative MBE indicates underprediction.
Details: MBE helps identify systematic bias in predictive models. It's crucial for model validation and improvement, especially in fields like forecasting, machine learning, and scientific modeling.
Tips: Enter predicted and observed values as comma-separated lists. Ensure both lists have the same number of values and are in the same order.
Q1: What does a positive MBE value mean?
A: Positive MBE indicates the model tends to overpredict (predicted values are higher than observed values on average).
Q2: What does a negative MBE value mean?
A: Negative MBE indicates the model tends to underpredict (predicted values are lower than observed values on average).
Q3: What is the ideal MBE value?
A: The ideal MBE is 0, indicating no systematic bias. However, the acceptable range depends on the specific application and data scale.
Q4: How does MBE differ from MAE?
A: MBE measures bias (direction of error), while MAE (Mean Absolute Error) measures magnitude of error regardless of direction.
Q5: Can MBE be used alone for model evaluation?
A: No, MBE should be used with other metrics like RMSE, MAE, and R² for comprehensive model evaluation.