The Error for a particular match forecast is the difference between the
forecast margin and the actual match result. For example, if Sydney is
forecast to defeat Brisbane by 13 points, but Brisbane wins by 11,
then the Error is 24.
Fair Odds
The Fair Odds for a match are Footy Forecaster's assessment
of what head-to-head odds should be offered by betting shops
for that match.
Long-Range Forecast
A forecast that is more than one round/week into the future. Such forecasts
are subject to change as interim rounds/weeks are completed. Consequently
long-range forecasts do not contribute to the official scoring record.
Mean Error
The Mean Error is simply the average of the individual match forecast
Error values for the given season.
Median Error
The Median Error is the Error that 50% of individual match forecasts have been
within for the given season.
Rating
A team's rating is Footy Forecaster's quantification of a team's strength,
based on that team's past results, with the value representing by how much the
team would win or lose if they played an opponent of "average" strength at a
neutral venue. For example, a rating of +10 indicates that a team would defeat
an average opponent by 10 points at a neutral venue. Positive ratings
indicate a winning propensity whilst negative ratings indicate a losing
propensity.