Comparative Analysis of Selected Methods for Estimating the Prediction Error of Classifier Cover Image

Analiza porównawcza wybranych metod szacowania błędu predykcji klasyfikatora
Comparative Analysis of Selected Methods for Estimating the Prediction Error of Classifier

Author(s): Sergiusz Herman
Subject(s): Economy, Business Economy / Management, Socio-Economic Research
Published by: Główny Urząd Statystyczny
Keywords: prediction error; cross-validation; holdout method; bootstrapping; corporate bankruptcy; classification

Summary/Abstract: Classification is an algorithm, which assigns studied companies, taking into consideration their attributes, to specific population. An essential part of it is classifier. Its measure of quality is especially predictability, measured by true error rate. The value of this error, due to lack of sufficiently large and independent test set, must be estimated on the basis of available learning set.The aim of this article is to make a review and compare selected methods for estimating the prediction error of classifier, constructed with linear discriminant analysis. It was examined if the results of the analysis depends on the sample size and the method of selecting variables for a model. Empirical research was made on example of problem of bankruptcy prediction of join-stock companies in Poland.

  • Issue Year: 63/2016
  • Issue No: 4
  • Page Range: 449-463
  • Page Count: 15
  • Language: Polish