Measuring the Quality of Multivariate Statistical Models

Assessing the quality of a statistical model is very important, since it is crucial for the utility of the modelling process’ outcome. There are many different ways of measuring statistical models quality. Some of the measures represent a “goodness of fit” approach, some are “prediction ability” ori...

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Bibliographic Details
Main Author: Michał Trzęsiok
Format: Article
Language:English
Published: Lodz University Press 2018-12-01
Series:Acta Universitatis Lodziensis. Folia Oeconomica
Subjects:
Online Access:https://czasopisma.uni.lodz.pl/foe/article/view/1004