3 ms·
The MAE is minimized by the median. I share your confusion as for why one would use it for a time series. Clearly they had some reason to pick it over others,
by shiandow 3y ago
The MAE is minimized by the median. I share your confusion as for why one would use it for a time series.
Clearly they had some reason to pick it over others, but I couldn't tell you why. Especially since ARIMA effectively minimizes RMS error.