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But, even then, its just one factor to consider. Is that a fair assessment? Is it possible to have a case with say R-sqr = 90% and MAPE = 50%, or R-sqr = 15% and MAPE = 2% (these numbers don`t matter per se, they are merely to illustrate my point)?Thanks once more for your […]

While there are other statistical techniques that outperform PLS with regard to prediction capability, PLS is transparent about how the prediction is produced. 2012), and the Technology Commercialization Success Index (Sohn and Moon 2003). The PLS procedure in SAS/STAT software fits models using any one of a number of linear predictive methods, including partial least […]

These products include European and American options, interest rates, energy prices, weather derivatives, etc. 5 Two major areas are efficient and accurate computation of fair values of financial securities and the modeling of stochastic time series. to quantify model risk in computed prices on plain vanilla, as well as on various types of exotic contracts. […]

Healthcare and social assistance is the industry where small businesses succeed the most: 85% of small businesses in this industry are still up and running after one year, 5% above the average survival rate. (StartBlox)Small business trends show us that companies are becoming more aware of theimportance of advertising. Grants: A grant is a set […]