Simulation 1—No Outliers Simulation 2—Outliers
Method RMSE of Fitted Data RMSE Relative to the Mean (%) RMSE of Fitted Data RMSE Relative to the Mean (%) Percentage Difference in RMSE
Mean 0.836 0.0 1.226 0.0 46.6
Elastic net with year as factor 0.826 –1.2 1.229 +0.3 48.8
Kalman filter 0.822 –1.7 1.155 –5.8 40.6
Bayesian model 0.651 –22.2 0.887 –27.6 36.3
Additive modela 0.695 –16.9 0.954 –22.1 37.3
RSSM 0.664 –20.6 0.889 –27.4 33.9