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When predicting future events, it is common to issue forecasts that are probabilistic, in the form of probability distributions over the range of possible outcomes. Such forecasts can be evaluated using proper scoring rules. Proper scoring…

Computation · Statistics 2023-05-15 Sam Allen

To mitigate the impacts associated with adverse weather conditions, meteorological services issue weather warnings to the general public. These warnings rely heavily on forecasts issued by underlying prediction systems. When deciding which…

Applications · Statistics 2022-09-13 Sam Allen , Jonas Bhend , Olivia Martius , Johanna Ziegel

Statistical analysis of extremes can be used to predict the probability of future extreme events, such as large rainfalls or devastating windstorms. The quality of these forecasts can be measured through scoring rules. Locally scale…

Methodology · Statistics 2024-02-22 Helga Kristin Olafsdottir , Holger Rootzén , David Bolin

Verifying probabilistic forecasts for extreme events is a highly active research area because popular media and public opinions are naturally focused on extreme events, and biased conclusions are readily made. In this context, classical…

Accurate forecasts of extreme wind speeds are of high importance for many applications. Such forecasts are usually generated by ensembles of numerical weather prediction (NWP) models, which however can be biased and have errors in…

Machine Learning · Computer Science 2025-08-12 Jakob Benjamin Wessel , Christopher A. T. Ferro , Gavin R. Evans , Frank Kwasniok

Averages of proper scoring rules are often used to rank probabilistic forecasts. In many cases, the individual terms in these averages are based on observations and forecasts from different distributions. We show that some of the most…

Statistics Theory · Mathematics 2022-03-29 David Bolin , Jonas Wallin

We discuss weighted scoring rules for forecast evaluation and their connection to hypothesis testing. First, a general construction principle for strictly locally proper weighted scoring rules based on conditional densities and scoring…

Methodology · Statistics 2017-01-12 Hajo Holzmann , Bernhard Klar

Recent statistical postprocessing methods for wind speed forecasts have incorporated linear models and neural networks to produce more skillful probabilistic forecasts in the low-to-medium wind speed range. At the same time, these methods…

Applications · Statistics 2025-04-18 Simon Hakvoort , Bastien Francois , Kirien Whan , Sjoerd Dirksen

Forecasts of multivariate probability distributions are required for a variety of applications. Scoring rules enable the evaluation of forecast accuracy, and comparison between forecasting methods. We propose a theoretical framework for…

Statistics Theory · Mathematics 2026-01-30 Xiaochun Meng , James W. Taylor , Souhaib Ben Taieb , Siran Li

In recent years, probabilistic forecasting is an emerging topic, which is why there is a growing need of suitable methods for the evaluation of multivariate predictions. We analyze the sensitivity of the most common scoring rules,…

Methodology · Statistics 2019-10-17 Florian Ziel , Kevin Berk

Despite the significance of probabilistic time-series forecasting models, their evaluation metrics often involve intractable integrations. The most widely used metric, the continuous ranked probability score (CRPS), is a strictly proper…

Machine Learning · Statistics 2025-07-25 Masaki Adachi , Masahiro Fujisawa , Michael A Osborne

Predictions of the uncertainty associated with extreme events are a vital component of any prediction system for such events. Consequently, the prediction system ought to be probabilistic in nature, with the predictions taking the form of…

Applications · Statistics 2012-10-26 Petra Friederichs , Thordis L. Thorarinsdottir

The use of tiered warnings and multicategorical forecasts are ubiquitous in meteorological operations. Here, a flexible family of scoring functions is presented for evaluating the performance of ordered multicategorical forecasts. Each…

Applications · Statistics 2022-05-02 Robert Taggart , Nicholas Loveday , Deryn Griffiths

We present a method for comparing point forecasts in a region of interest, such as the tails or centre of a variable's range. This method cannot be hedged, in contrast to conditionally selecting events to evaluate and then using a scoring…

Applications · Statistics 2022-02-16 Robert J. Taggart

This paper generalizes several results on linear pooling from squared error loss to all kernel scores. The latter are a rich family of scoring rules that covers point and distribution forecasts for univariate and multivariate, discrete and…

Econometrics · Economics 2026-04-30 Fabian Krüger

Probability forecasts of events are routinely used in climate predictions, in forecasting default probabilities on bank loans or in estimating the probability of a patient's positive response to treatment. Scoring rules have long been used…

Statistics Theory · Mathematics 2012-02-24 Tze Leung Lai , Shulamith T. Gross , David Bo Shen

Modern weather forecasting has increasingly transitioned from numerical weather prediction (NWP) to data-driven machine learning forecasting techniques. While these new models produce probabilistic forecasts to quantify uncertainty, their…

Machine Learning · Statistics 2026-05-01 Archer Dodson , Ritabrata Dutta

We study a class of backtests for forecast distributions in which the test statistic depends on a spectral transformation that weights exceedance events by a function of the modeled probability level. The weighting scheme is specified by a…

Risk Management · Quantitative Finance 2019-07-30 Michael B. Gordy , Alexander J. McNeil

A new index for high-impact weather forecasting is introduced and assessed in comparison with the well-established extreme forecast index (EFI). Two other ensemble summary statistics are also included in this comparison study: the…

Applications · Statistics 2023-12-05 Zied Ben-Bouallegue

Probabilistic forecasts in the form of probability distributions over future events have become popular in several fields including meteorology, hydrology, economics, and demography. In typical applications, many alternative statistical…

Computation · Statistics 2018-07-31 Alexander Jordan , Fabian Krüger , Sebastian Lerch
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