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Table 2 The goodness of fit criteria of the models

From: Recent innovation in benchmark rates (BMR): evidence from influential factors on Turkish Lira Overnight Reference Interest Rate with machine learning algorithms

Algorithm R square (%) RMSE MAE
Random forest 99.1 0.610 0.415
Support vector machines 94.5 1.505 1.164
OLS regression 91.2 1.804 1.375
k-nearest neighbors 63.6 3.822 2.684