That uncertainty can be broken down into 2 pieces: statements based on
model weighting ignore uncertainty about how tight (and real) the constraint actually is, while statements based on an assumed functional relationship not only neglect uncertainty related to constraint validity, but also ignore uncertainty regarding what the correct functional relationship should actually be.
Not exact matches
Goodman and other market participants note that the GSEs and the rating agencies are still using antiquated versions of the FICO
model in their own
models, versions that
ignore advancements in new data and how events such as medical expenses are
weighted in credit
models.
WSF
models typically
ignore the effect of differences in teacher experience levels and, therefore, teacher salary across schools by adjusting the allocations for real salaries after the
weighted formula has been applied.
Fair Isaac Corporation, the company that produces the FICO score, announced its FICO 9
model, which
ignores bills in collection that have already been paid and puts less
weight on medical bills in collection.