Good luck with the model!
Is it based on a poisson distribution? And if so, how many previous seasons are you taking into account?
Good luck with the model!
Is it based on a poisson distribution? And if so, how many previous seasons are you taking into account?
Thanks. Yes it is based on a poisson distribution. I took the last 5 seasons and the current season.
The Lars uses 4 seasons and the current season, the Nyls also uses the last 3 and current season!
I did build mine in Excel. You?
Is that the only difference between those? Do you think this could be the reason for the different performance?
I used excel too.