Model Selection

Model selection is the task of selecting a statistical model from a set of candidate models, given data. In the simplest cases, a pre-existing set of data is considered. However, the task can also involve the design of experiments such that the data collected is well-suited to the problem of model selection. Given candidate models of similar predictive or explanatory power, the simplest model is most likely to be correct.

Read more about Model Selection:  Introduction, Methods For Choosing The Set of Candidate Models, Experiments For Choosing The Set of Candidate Models, Criteria For Model Selection

Famous quotes containing the words model and/or selection:

    She represents the unavowed aspiration of the male human being, his potential infidelity—and infidelity of a very special kind, which would lead him to the opposite of his wife, to the “woman of wax” whom he could model at will, make and unmake in any way he wished, even unto death.
    Marguerite Duras (b. 1914)

    Historians will have to face the fact that natural selection determined the evolution of cultures in the same manner as it did that of species.
    Konrad Lorenz (1903–1989)