The Brier score of probability forecasts of binary outcomes is the mean squared error : zero for perfect forecasts, 0.25 for a constant forecast of one half, lower is better.
Quantitative Finance · Glossaire
Quantitative Finance · Glossaire
The Brier score of probability forecasts of binary outcomes is the mean squared error : zero for perfect forecasts, 0.25 for a constant forecast of one half, lower is better.