Outrageously Funny Word Dictionary :: Shrinkingness

👉 Shrinkingness is a measure of how quickly a variable changes in response to small changes in its value. It is often used in statistics and econometrics to compare different variables or models, especially when comparing the performance of two different methods that use different types of data. Shrinkage refers to an increase in the magnitude of shrinkage in a model as the number of parameters increases, leading to overfitting.

shrinkingness