Model Error
t2
0
1
T
Actual Value A(c)= 1
Error for customer c at time t: Err(M,c,t) = A(c) - M(c,t)
Although Err(M,c, t1) = Err(M,c, t2),
We want to give Err(t1) more weight than Err(t2)
0
Model Prediction M(c,t)
Err(M,c,t2)
t1
Err(M,c,t1)
Previous slide
Next slide
Back to first slide
View graphic version