12.07.2015 Views

Fraser River Sockeye Fisheries and Fisheries Management - Cohen ...

Fraser River Sockeye Fisheries and Fisheries Management - Cohen ...

Fraser River Sockeye Fisheries and Fisheries Management - Cohen ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>Management</strong>Group(IndicatorStock)MAPEError inReturnExplainedbyForecast(R 2 )RegressionSlope(Return :Forecast)RegressionInterceptMG Sizerelative tototal <strong>Fraser</strong>ReturnInterpretationRegression analysis: inferences about reliability, precision, <strong>and</strong>accuracy relate to long-term trends (1980-2009).MAPE: expected error in any single year’s forecast.Harrison n/a n/a n/a n/a 1.9% Insufficient data for analysesLateShuswap41% 81%Portage 68% 11%Weaver 45% 14%0.90(significant)0.43(notsignificant)0.56(significant)notsignificant 18.2%significant 0.6%notsignificant5.5% Reliability: Relationship between forecast <strong>and</strong> return is statisticallysignificant, thus forecast is reliable. Precision: Large amount of inter-annual variation explained byforecasts (R 2 = 0.81) Accuracy: Slope is close to one <strong>and</strong> intercept is not significantlydifferent from zero, thus long-term accuracy is good. Expected Error: expect forecast to overestimate or underestimatereturn by 41% in any given year. Reliability: Relationship between forecast <strong>and</strong> return is notstatistically significant, thus returns vary at r<strong>and</strong>om relative toforecasts, making forecasts unreliable. Expected Error: expect forecast to overestimate or underestimatereturn by 68% in any given year. Reliability: Relationship between forecast <strong>and</strong> return is statisticallysignificant, thus forecast is reliable. Precision: Low amount of inter-annual variation explained byforecasts (R 2 = 0.14) Accuracy: Slope departs from one <strong>and</strong> intercept is not significantlydifferent from zero, thus long-term accuracy is good but largeforecasts tend to underestimate returns. Expected Error: expect forecast to overestimate or underestimatereturn by 45% in any given year.H-6

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!