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Published 20 hours ago • verified publisher icon cboettig
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:notebook: Utility provides a more meaningful measure of forecast skill than goodness-of-fit

bad-forecast-good-decision

reproducibility Binder

  • Author: Carl Boettiger

A model which produces a bad forecast can nevertheless lead to a better policy than a model which produces a more accurate forecast.

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verified publisher icon cboettig

Metadata

:notebook: Utility provides a more meaningful measure of forecast skill than goodness-of-fit

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