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- Wed Sep 17, 2014 6:10 pm
- Forum: Econometric Discussions
- Topic: Lower AIK or lower Forecast Error?
- Replies: 0
- Views: 1737
Lower AIK or lower Forecast Error?
Hi everyone, I'm ARIMA modelling some series and I've found the following trade-off: some models give me a lower information criterion (ex: AIK) but a high forecasting error (Mean Abs. Percent Error). In oppose to that, some models give me a higher information criterion but a low forecasting error. ...