Calibration
Also written: calibrated, miscalibrated
How well predicted probabilities match real rates: a risk of 0.278 should mean a 27.8% chance. The break-even threshold is only safe when the model is calibrated.
Also written: calibrated, miscalibrated
How well predicted probabilities match real rates: a risk of 0.278 should mean a 27.8% chance. The break-even threshold is only safe when the model is calibrated.