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I think that you're actually going to need to go into genetic theory to determine how to do this.
I have zero knowledge on that subject, so if this is crude then I apologise. IMO you need to make some assumptions about which parent the horse is going to take the genes from to work out which probability you're going to need. If it's always 50-50 then you'd do it one way, if it follows a Normal Distribution you'd do it another and if it's skewed based on some kind of "gene strength" factor, you'd do it yet another. When confronted with decisions like this, I tend to derive several different ratings and just keep them apart from each other and get a feel for the differences over time to help me decide which rating suits me best. |
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Bayes or logistic regression. Bayes is simpler but you cannot do dam and damsire as they are related in the maths and family sense. You may find that samples get too small and you cannot rely on the data for small divisions.
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