Ennustearviot
Ennustearviot is a Finnish term referring to the evaluation of forecasts and predictions. It denotes the systematic assessment of forecast quality, including accuracy, calibration, sharpness, and usefulness for decision making. The word combines ennuste (forecast) and arviot (evaluations), and it is used in Finnish scientific and professional contexts to describe how forecasts are judged and compared.
In practice, ennustearviot cover both point forecasts and probabilistic forecasts. They involve retrospective testing on historical
Typical methods and measures include error metrics such as mean absolute error (MAE), root mean squared error
Fields of application include meteorology, economics and finance, energy demand, public health, and other areas relying