Out-of-sample validation with 16 data points

"But it's under .05!" 2015-07-01

Summary:

It’s worth a try. Let me say that I think it’s a useful thing to do before I start nitpicking: the prediction interval widths are amusing. But: If you only allow data prior to an election to be used when fitting a model, you ending using 1948 data to inform parameter estimates a lot, and 2008 […]

Link:

https://underpoint05.wordpress.com/2011/11/21/out-of-sample-validation-with-16-data-points/

From feeds:

Statistics and Visualization » "But it's under .05!"

Tags:

assessing forecasts forecasts assessing

Authors:

bradluen

Date tagged:

07/01/2015, 04:20

Date published:

11/21/2011, 19:30