Construct · 1 fields · 1 citations

flat maximum effect: a standalone construct

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Forecasting

the insensitivity of a linear prediction model's accuracy to the exact weights used, so many different weightings perform almost equally well.

In forecasting, flat maximum effect refers to the insensitivity of a linear prediction model's accuracy to the exact weights used, so many different weightings perform almost equally well. This meaning comes from Lovie (1986) in Journal of Forecasting.[1]

Unit
Recovery means
Measured by

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Nearby constructs

accuracy3 fields · 6 citationsjingle · one word, three constructs model3 fields · 3 citationsjingle · one word, three constructs prediction3 fields · 4 citationsjingle · one word, three constructs

References

Lovie, A. D., & Lovie, P. (1986). The flat maximum effect and linear scoring models for prediction. Journal of Forecasting, 5(3), 159-168. https://doi.org/10.1002/for.3980050303

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