Author: Randy (---.rotman-baycrest.on.ca)
Date: 11-30-06 17:12
> How does PLS account for autocorrelations in the data? Does
> it and if not why is this a good strategy?
It does not account for it in any formal way. For most analyses the
autocorrelation impacts the derivation of the appropriate error term,
which does not exist in the inferential assessment of the statistical
patterns in PLS.
In another sense, the fact that there is both a spatial and temporal
dependency in the data is exactly why you want to use PLS to take
advantage of the inherent "redundancy" in the data to better capture
the network-level response.
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