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Ordered forecast, latent variable or probability

Posted: Sat Oct 09, 2010 6:53 pm
by maxchen
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?

Re: Ordered forecast, latent variable or probability

Posted: Mon Oct 11, 2010 10:31 am
by EViews Glenn
Probability. The fitted indices only have meaning when run through the CDF.