soften_mean: Soften the mean.
In aggutils: Utilities for Aggregating Probabilistic Forecasts
soften_mean R Documentation
Soften the mean.
Description
If the mean is > .5, trim the top trim%; if < .5, the bottom
trim%. Return the new mean (i.e. soften the mean).
Usage
soften_mean(x, p = 0.1)
Arguments
x
Vector of forecasts in 0 to 100 range (%)
p
The proportion of forecasts to trim from each end (between 0
and 1)
Value
(numeric) The softened mean of the vector
Note
This goes against usual wisdom of extremizing the mean, but performs
well when the crowd has some overconfident forecasters in it.
aggutils documentation built on Aug. 23, 2023, 1:09 a.m.
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| soften_mean | R Documentation |
Soften the mean.
Description
If the mean is > .5, trim the top trim%; if < .5, the bottom trim%. Return the new mean (i.e. soften the mean).
Usage
soften_mean(x, p = 0.1)
Arguments
x |
Vector of forecasts in 0 to 100 range (%) |
p |
The proportion of forecasts to trim from each end (between 0 and 1) |
Value
(numeric) The softened mean of the vector
Note
This goes against usual wisdom of extremizing the mean, but performs well when the crowd has some overconfident forecasters in it.
R Package Documentation
Browse R Packages
We want your feedback!
Note that we can't provide technical support on individual packages. You should contact the package authors for that.
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