About this document
Evaluating Point Forecasts with Scoring Functions by xiubing100 is a document available to read on EtoBox.
The document discusses the evaluation of point forecasts, emphasizing the importance of matching scoring functions with forecasting tasks to avoid misleading inferences. It highlights the need for a priori specification of scoring functions or directives to ensure optimal point forecasts, such as the Bayes rule. The paper critiques common practices in academia and business, advocating for more principled approaches to forecast evaluation.
- Author
- xiubing100
- Language
- EN