Air Transportation Direct Share Analysis and Forecast

Table 6

Model forecasting performance comparison.

Model category	Model name	Testing RMSE
Model used by FAA TAF		0.0942
Parametric models	MLR (with feature selection)	0.1262
	Beta regression	0.0968
Nonparametric models	Random Forest	0.0783
	GBM	0.0780
C-based learning	C-based	0.0772