Graduate studies at Western
|Abstract||This chapter examines four solutions to the problem of many models, and finds some fault or limitation with all of them except the last. The first is the naïve empiricist view that best model is the one that best fits the data. The second is based on Popper’s falsificationism. The third approach is to compare models on the basis of some kind of trade off between fit and simplicity. The fourth is the most powerful: Cross validation testing.|
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