A note on performance measures for business failure prediction models
This note briefly describes three performance measures that can be used in business failure prediction models: the unweighted error rate (UER), D-max and the Gini-coefficient. The use of these measures (and the mathematical relationship between them) is illustrated with numerical examples. We hope that this note may help the reader to better understand (and possibly use) these classification criteria.
Year of publication: |
2010
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Authors: | Ooghe, Hubert ; Spaenjers, Christophe |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 17.2010, 1, p. 67-70
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Publisher: |
Taylor & Francis Journals |
Saved in:
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