Model Specification | Mean utility (SD) | Min | P.25 | Median | P.75 | Max | RMSE | MAE | Abs diff < 0.03 | Abs diff < 0.05 | ICC |
---|---|---|---|---|---|---|---|---|---|---|---|
Observed | 0.6619 | −0.2630 | 0.5530 | 0.7080 | 0.8770 | 1.0000 | |||||
Model 1 (MFP) | |||||||||||
Cross validation sample | 0.7164 | 0.2679 | 0.5858 | 0.7520 | 0.8604 | 0.9254 | 0.2288 | 0.1713 | 12.7 | 18.3 | 0.513 |
Model 2 (MFP) | |||||||||||
Cross validation sample | 0.7224 | 0.2920 | 0.6132 | 0.7414 | 0.8653 | 0.9263 | 0.2268 | 0.1684 | 11.3 | 16.9 | 0.520 |
Model 3 (MFP) | |||||||||||
Cross validation sample | 0.7086 | 0.2883 | 0.6177 | 0.7473 | 0.8655 | 0.8655 | 0.2204 | 0.1676 | 13.4 | 20.4 | 0.517 |