Hi
In ordered model, when forecasting using models obj, there also find some inconsistent forecast, the fitted probability indicates category 2 (max prob), however the latent variable forecast to be lied in category 3.
which one is to be chosen? latent variable or probability?
Ordered forecast, latent variable or probability
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EViews Glenn
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Re: Ordered forecast, latent variable or probability
Probability. The fitted indices only have meaning when run through the CDF.
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