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This paper is concerned with the use of regression methods to predict values of a response variable when that variable is naturally ordered. An application to the prediction of student examination performance is provided and it is argued that, although individual scores are unlikely to be well...
Persistent link: https://www.econbiz.de/10005492057
A well-known problem in multiple regression is that it is possible to reject the hypothesis that all slope parameters are equal to zero, yet when applying the usual Student's T-test to the individual parameters, no significant differences are found. An alternative strategy is to estimate...
Persistent link: https://www.econbiz.de/10005458151
When VAR models are used to predict future outcomes, the forecast error can be substantial. Through imposition of restrictions on the off-diagonal elements of the parameter matrix, however, the information in the process may be condensed to the marginal processes. In particular, if the...
Persistent link: https://www.econbiz.de/10008582913
The k nearest neighbors (k-NN) classifier is one of the most popular methods for statistical pattern recognition and machine learning. In practice, the size k, the number of neighbors used for classification, is usually arbitrarily set to one or some other small numbers, or based on the...
Persistent link: https://www.econbiz.de/10009279030