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This paper proves that it is wrong to require that regressing a model's outputs on the observed real outcomes gives a 45 degrees line through the origin (unit slope, zero intercept).Therefore this paper proposes an alternative requirement: the responses of the model and the real system should...
Persistent link: https://www.econbiz.de/10011090630
Rigorous statistical validation requires that the responses of the model and the real system have the same expected values. However, the modeled and actual responses are not comparable if they are obtained under different scenarios (environmental conditions). Moreover, data on the real system...
Persistent link: https://www.econbiz.de/10011092025