3 ms·
That's not that bad! Still seems potentially very useful.
by 55555 5y ago
That's not that bad! Still seems potentially very useful.
- ZephyrBlu 5y ago9/5 is terrible accuracy.
- dannyw 5y agoIn the investment industry, 9/5 is excellent.
- hdjjhhvvhga 5y agoHow do you mean? Looks like an equivalent of a coin flip to me.
- harimau777 5y agoI'm not super knowledgeable in this area, but one possibility is that the "9 of the 5" only gives the number of times that it predicted that there would be a recession. There could be many more times that it accurately predicted that there would not be a recession.
- 55555 5y agoIf you flipped a coin every day in order to determine whether or not a recession would start, you'd be wrong 99% of the time.
- josephcsible 5y agoHow do you figure? Wouldn't you be wrong 50% of the time?
- chii 5y agoit's approximately 50/50. You're almost just as good with a coinflip.
- dannyw 5y agoA coinflip would be a 3650/5 or so. A biased coinflip that gives 5 signals would be 5/0.