Cd. Bailey et Ev. Mcintyre, THE RELATION BETWEEN FIT AND PREDICTION FOR ALTERNATIVE FORMS OF LEARNING-CURVES AND RELEARNING CURVES, IIE transactions, 29(6), 1997, pp. 487-495
Citations number
17
Categorie Soggetti
Operatione Research & Management Science","Engineering, Industrial
Learning-curve models fitted to initial data are used to predict subse
quent performance; however, the model that fits the initial data best
may not predict best in future periods - a paradox documented in appli
cations of other prediction models. Little evidence exists about the m
agnitude of the problem in the domain of learning curves and relearnin
g curves. Using laboratory data, the authors examine the predictive ab
ility of alternative models, examine the strength of the relation betw
een goodness-of-fit and predictive ability, and test whether this rela
tion is the same for both learning curves and relearning curves. Altho
ugh the correlations between measures of goodness-of-fit and predictiv
e ability are not high, one curve (a log-log-linear model recently int
roduced to the literature) tended to dominate the rankings on the basi
s of predictive ability for both learning curves and relearning curves
. This curve also tended to provide the best fit in the estimation per
iod as a relearning curve, and the second-best fit as a learning curve
.