For 26-OS2, what evaluation metric should be used for the Phase I target of at least 80% short-term forecast accuracy?
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Crystal Murray
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The FCPI project does not mandate a specific evaluation metric; rather, it is left to the offeror to define the metric that best fits their proposed solution. The solicitation does not prescribe a specific mathematical error calculation approach (such as MAPE, RMSE, or classification accuracy). Proposals should include recommended metrics and calculation approaches with supporting rationale.
