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A conceptual framework is presented for a unified treatment of issues arising in a variety of predictability studies. The predictive power (PP), a predictability measure based on information-theoretical principles, lies at the center of this framework. The PP is invariant under linear coordinate transformations and applies to multivariate predictions irrespective of assumptions about the probability distribution of prediction errors. For univariate Gaussian predictions, the PP reduces to conventional predictability measures that are based upon the ratio of the rms error of a model prediction over the rms error of the climatological mean prediction.
Schneider et al. (Fri,) studied this question.