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mentor
2009 Aug 25
1
Clogit or LRM?
...y model.
From the scores and graph, it appears as my model is very accurate in
predicting probabilities correctly. Please see attachment "graph1.pdf"
Since I'm scoring horse races, I assume that I need to "normalize" the
predicted probabilities by race. (Described in Bentor.)
I am calculating a conditional logit manually since there is a bug in
the Survival library for this function.
A val.prob function applied to my conditional logit score shows an
interesting result. The line is almost perfectly parallel to the
"ideal" mark on the graph, but is offset...