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Calibration can refer to adjustment of measurements to agree with value of some standard; to transform classifier scores into class membership probabilities; etc. Do not use for predicting an explanatory variable from an observation of the dependent variable, for that use the tag inverse-prediction.
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Similarity between variables when using calibration curves
I'm reading through a text that is explaining calibration curves, and the following description is provided:
To be well-calibrated, the probabilities must effectively reflect the true likelihood of … How do calibration curves determine similarity between observations? …