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Hyb Error: A Hybrid Metric Combining Absolute and Relative Errors

View PDF HTML (experimental) Abstract:Suppose $x$ is an approximation of $y$. This paper proposes using $\frac{|x-y|}{1+|y|}$, named Hyb Error, to measure the error. This metric equals half the harmonic mean of absolute error and relative error, effectively combining their advantages while mitigating their limitations. For example, Hyb Error approaches absolute error as $|y|$ approaches 0, thereby avoiding the exaggeration of relative error, and approaches relative error as $|y|$ approaches infi...

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