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Evaluating epidemic forecasts in an interval format
Johannes Bracher1,2, Evan L Ray3, Tilmann Gneiting2,4
1Chair of Statistics and Econometrics, Karlsruhe Institute of Technology (KIT), Karlsruhe, Germany.
Evaluating COVID-19 forecasts is crucial. This study introduces the weighted interval score to assess interval forecasts, offering insights into accuracy and prediction intervals for epidemic modeling.
Area of Science:
- Epidemiology
- Biostatistics
- Public Health
Background:
- COVID-19 pandemic necessitates accurate forecasting of cases, hospitalizations, and deaths.
- Forecasts are often provided as central predictive intervals, limiting standard evaluation metrics.
- Existing metrics like the logarithmic score require full predictive distributions, which are not always available.
Purpose of the Study:
- To adapt established methods for evaluating quantile and interval forecasts to epidemic predictions.
- To introduce and explain the weighted interval score for assessing probabilistic epidemic forecasts.
- To provide a framework for interpreting forecast accuracy using interval-based metrics.
Main Methods:
- Application of established quantile and interval forecast evaluation techniques.
- Detailed discussion on the computation and interpretation of the weighted interval score.
- Demonstration of weighted interval score's utility in analyzing COVID-19 forecasts.
Main Results:
- The weighted interval score is a proper score that approximates the continuous ranked probability score.
- It generalizes absolute error to probabilistic forecasts.
- The score allows for decomposition into sharpness and penalties for over/underprediction.
Conclusions:
- The weighted interval score is a valuable tool for evaluating epidemic forecasts presented as intervals.
- This method enhances the assessment of forecast reliability in public health.
- It provides a more nuanced understanding of forecast performance beyond simple point estimates.
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