Out of sample prediction with .PREDICT
Posted: Wed Nov 26, 2008 3:32 pm
Expectation-Prediction Evaluation for Binary Specification (prediction table)
I try to program an out of sample Expectation-Prediction Evaluation for Binary Specification
using .predict. I do not see any way to use this with an out of sample forecast, i.e. I want to test how accurate a model calibrated in the past will predict the outcomes in subsequent periods.
I can forecast using .fit and .forecast which generates the forecast series but I then have to analyse these data myself (e.g. in Excel).
K Hess, Uni Waikato
I try to program an out of sample Expectation-Prediction Evaluation for Binary Specification
using .predict. I do not see any way to use this with an out of sample forecast, i.e. I want to test how accurate a model calibrated in the past will predict the outcomes in subsequent periods.
I can forecast using .fit and .forecast which generates the forecast series but I then have to analyse these data myself (e.g. in Excel).
K Hess, Uni Waikato