Thursday, February 11, 2021

food for you skeptics: all models are approximations, assumptions, whether implied or clearly stated. models are wrong, but some models are useful

yes, am generalizing, but not hastily!

actually all models are wrong is george box's quote.

what box means is this:

a model is not real. quite the opposite: we get a model by inputting data, but the gathering is ITSELF a process, a tweaking. scientists tweak data to fit the model. it means overelaboration and overparameterization, the mark of average, i.e., mediocrity!

how to fix the wrong? be on the alert for what's importantly wrong!

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