PLS Predict
Posted: Wed Mar 11, 2020 1:05 pm
Hi,
I have some concerns regarding evaluating the prediction errors suggests of my indicators.
I recognize that they are not normally distributed, since the left tail is thick and the right one is long. But can I only use the left tail to evaluate the symmetry of the errors?
I need to know that, because if I could evaluate only the left tail, I would use the RMSE, otherwise the MAE.
Is there anyone who can help out here? :)
Thank you very much,
Lisa
I have some concerns regarding evaluating the prediction errors suggests of my indicators.
I recognize that they are not normally distributed, since the left tail is thick and the right one is long. But can I only use the left tail to evaluate the symmetry of the errors?
I need to know that, because if I could evaluate only the left tail, I would use the RMSE, otherwise the MAE.
Is there anyone who can help out here? :)
Thank you very much,
Lisa