The goal of a machine learning regression problem is to predict a single numeric value. Quantile regression is a variation where you are concerned with under-prediction or over-prediction. I'll phrase ...
ABSTRACT: The usefulness of time-series simulation of daily rainfall for estimating large quantiles of the distribution of 10 d seasonal maximum rainfall is questioned. The emphasis is on rare 10 d ...
Value at risk models are concerned with the estimation of conditional quantiles of a time series. Formally, these quantities are a function of conditional volatility and the respective quantile of the ...