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The R package partykit provides a flexible toolkit for learning, representing, summarizing, and visualizing a wide range of tree-structured regression and classification models. The functionality encompasses: (a) basic infrastructure for representing trees (inferred by any algorithm) so that...
Persistent link: https://www.econbiz.de/10010337729
Extended logistic regression is a recent ensemble calibration method that extends logistic regression to provide full continuous probability distribution forecasts. It assumes conditional logistic distributions for the (transformed) predictand and fits these using selected predictand category...
Persistent link: https://www.econbiz.de/10010197616
To achieve well calibrated probabilistic forecasts, ensemble forecasts often need to be statistically post-processed. One recent ensemble-calibration method is extended logistic regression which extends the popular logistic regression to yield full probability distribution forecasts. Although...
Persistent link: https://www.econbiz.de/10009787084
This paper introduces ideas and methods for testing for structural change in linear regression models and presents how these have been realized in an R package called strucchange. It features tests from the generalized fluctuation test framework as well as from the F test (Chow test) framework....
Persistent link: https://www.econbiz.de/10009777476
Forecasting wind power is an important part of a successful integration of wind power into the power grid. Forecasts with lead times longer than 6 hours are generally made by using statistical methods to postprocess forecasts from numerical weather prediction systems. Two major problems that...
Persistent link: https://www.econbiz.de/10009742320
We show how the rootogram - a graphical tool associated with the work of J. W. Tukey and originally used for assessing goodness of fit of univariate distributions - can help to diagnose and treat issues such as overdispersion and/or excess zeros in regression models for count data. Two empirical...
Persistent link: https://www.econbiz.de/10010385052
Persistent link: https://www.econbiz.de/10009544965
Persistent link: https://www.econbiz.de/10009544966
The rootogram is a graphical tool associated with the work of J. W. Tukey that was originally used for assessing goodness of t of univariate distributions. Here we show that rootograms are also useful for diagnosing and treating issues such as overdispersion and/or excess zeros in regression...
Persistent link: https://www.econbiz.de/10010499799
Beta regression - an increasingly popular approach for modeling rates and proportions - is extended in various directions: (a) bias correction/reduction of the maximum likelihood estimator, (b) beta regression tree models by means of recursive partitioning, (c) latent class beta regression by...
Persistent link: https://www.econbiz.de/10009737517