Research Article

Adaptive Combination Forecasting Model Based on Area Correlation Degree with Application to China’s Energy Consumption

Table 4

Forecasting results of China’s energy consumption by combination models based on different weights assignment methods in 2005~2010.

YearActualACDAPE
(%)
Entropy weightbAPE
(%)
Reciprocal of MAPE weight methodcAPE
(%)
Optimal methoddAPE
(%)

2005224682221647.71.35221535.51.4221798.71.28221584.11.38
2006246270246355.70.032463670.04246757.60.22462700
2007265583264877.30.27266339.70.292644690.42265361.70.08
2008285000284492.40.18285979.80.34284009.40.352850000
2009306600308227.10.53308087.30.493086600.67308093.80.49
2010325000328674.51.13328950.71.22328698.61.14328743.61.15

MAPE (%)0.580.630.680.51

Entropy weight: weight assigned based on information entropy as adopted in [33].
cReciprocal of MAPE method: weight assigned based on the reciprocal of each individual forecasting model’s MAPE.
dOptimal method: the fundamental principle used to obtain the weight coefficient of combination forecasting is to make the APE minimization.