13th December 2016, 07:33 PM
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Member
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Join Date: Nov 2013
Posts: 605
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Quote:
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Originally Posted by walkermac
As can be seen, the greater the difference in odds between the most-preferred and least-preferred horses (i.e. by how much the former is preferred to the latter in a pairwise comparison, the horizontal axis), the greater the difference between what the model predicts (the dots) and what the odds actually indicate.
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Small (obvious) correction, but the dots are what the odds indicate and the line is what the model says should be the case. If the dots are below the line, the difference between the most-preferred and least-preferred horse isn't as great as it "should" be. |