The Illusion of Predictability: A Call to Action
4 Pages Posted: 6 Mar 2012
Date Written: March 5, 2012
Abstract
The commentary recommends a plot of the probability of a positive outcome as a tool for improving the interpretation of regression models in a forecasting context.
Keywords: forecasting, prediction intervals
JEL Classification: C53
Suggested Citation: Suggested Citation
Ord, John Keith, The Illusion of Predictability: A Call to Action (March 5, 2012). International Journal of Forecasting, Forthcoming, Available at SSRN: https://ssrn.com/abstract=2016195
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