4.2.3 Excalibur features

Course subject(s) Module 4. Data analysis using Excalibur and Validation

Excalibur computes the intrinsic range using the formula shown in Module 2.

However, there is no option to implement pre-specified bounds on the intrinsic range.

For example, recall Question 2 in the Dutch eating habits example. The question concerned percentages, so an obvious minimum bound is 0(%), since negative percentages do not make sense. Excalibur cannot take this restrictions automatically into account.

Hence the small differences between the information scores computed during Module 2 and the information scores in Excalibur, for the Dutch eating habits example.

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Decision Making Under Uncertainty: Introduction to Structured Expert Judgment by TU Delft OpenCourseWare is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Based on a work at https://online-learning.tudelft.nl/courses/decision-making-under-uncertainty-introduction-to-structured-expert-judgment//.
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