International Finance and Accounting Handbook

10 • 41

Original Sample

Holdout Sample

Year

Type I

Type II

Overall

Type I

Type II

Overall

Prior

Accuracy

Accuracy

Accuracy

Accuracy

Accuracy

Accuracy

1 year

77.3%

93.5%

86.8%

75.0%

90.5%

86.2%

2 years

62.5

85.7

79.3

Exhibit 10.17.

Summary of Results.