Cryptocurrency Q&A
What is PLS used for?
What is PLS used for?
Margherita
Tue Nov 19 2024
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5 answers
1351
I'm curious about the application of PLS. Could someone explain what PLS is commonly used for?
5 answers
Sebastiano
Thu Nov 21 2024
PLS, which stands for Partial Least Squares or Projection onto Latent Structures, is a sophisticated multivariate technique.
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Stefano
Thu Nov 21 2024
It is primarily employed to construct models for latent variable (LV) factors or variables.
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CryptoTrader
Thu Nov 21 2024
These LV variables are derived through a process that aims to enhance the covariance.
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CryptoBaron
Wed Nov 20 2024
Specifically, the covariance is maximized between the scores of an independent block of variables (denoted as X) and a dependent block of variables (denoted as Y).
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Valeria
Wed Nov 20 2024
This statistical approach was detailed in a study conducted by Lopes et al. in 2001.
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