Performance evaluation of probit models
| Model prediction | |||
|---|---|---|---|
| Transmitted signal | No signal transmitted | ||
| Effective crises | CRISIS = 0 | Correct crisis announcement (C) | Type A error Signal missing |
| CRISIS = 1 | Type (B) error False alarm | Correct non-crisis announcement (D) | |
| Model prediction | |||
|---|---|---|---|
| Transmitted signal | No signal transmitted | ||
| Effective crises | CRISIS = 0 | Correct crisis announcement (C) | Type A error |
| CRISIS = 1 | Type (B) error | Correct non-crisis announcement (D) | |
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