Calibrated
Also written: calibration
Describes a model whose predicted probabilities match reality: of subscribers given 30%, about 30% really cancel. Priya's churn model is calibrated, so its scores can be read as honest chances.
Also written: calibration
Describes a model whose predicted probabilities match reality: of subscribers given 30%, about 30% really cancel. Priya's churn model is calibrated, so its scores can be read as honest chances.