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Tag: information criteria

Mike GillilandJune 29, 2016 0

Using information criteria to select forecasting model (Part 2)

Let's continue now to Nikolaos Kourentzes' blog post on How to choose a forecast for your time series. Using a Validation Sample Nikos first discusses the fairly common approach of using a validation or "hold out" sample. The idea is to build your model based on a subset of the

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Mike GillilandJune 28, 2016 0

Using information criteria to select forecasting model (Part 1)

Nikolaos Kourentzes is Associate Professor at Lancaster University, and a member of the Lancaster Centre for Forecasting. In addition to having a great head of hair for a forecasting professor, Nikos has a great head for explaining fundamental forecasting concepts. In his recent blog post on How to choose a

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