suehubbard

Estimating a Bounded Percentage Outcome with Scorecard Pro (Xeno)

Discussion created by suehubbard Advocate on Oct 18, 2016

What are some options for modeling a continuous performance variable that captures an observed percentage, when traditional scorecard estimates may include values outside of the lower and/or upper bounds of zero and one hundred percent?  The attached document outlines an elegant solution in Scorecard Professional (Xeno).  Do you have experience with this or any other solution?  Feel free to add comments to this discussion.

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