Fit to empirical data
{"Image DocumentName": "Fit to empirical data", "Image ImageDescription": "Usually the easiest part of model evaluation is checking whether a model fits experimental measurements or other empirical data. In models with parameters, a common approach to test this fit is to split the data into two disjoint subsets: training data and verification data. The training data are used to estimate the model parameters. An accurate model will closely match the verification data even though this data was not used to set the model s parameters. This practice is referred to as cross-validation in statistics. Defining a metric to measure distances between observed and predicted data is a useful tool of assessing model fit. In statistics, decision theory, and some economic models, a loss function plays a similar role. While it is rather straightforward to test the appropriateness of parameters, it can be more difficult to test the validity of the general mathematical form of a model. In general, more mathematical tools have been developed to test the fit of statistical models than models involving Differential equations. Tools from nonparametric statistics can sometimes be used to evaluate how well data fits a known distribution or to come up with a general model that makes only minimal assumptions about the model s mathematical form.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}