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Model Selection and Model Averaging

Name: Model Selection and Model Averaging
Brand: Cambridge University Press
SKU: 04378959
Price: 112.76 EUR
Availability: InStock
Author: Gerda Claeskens
ISBN: 9780521852258

Gerda Claeskens

Language

English

Book Hardback

Libristo code: 04378959

Publishers Cambridge University Press, July 2008

Given a data set, you can fit thousands of models at the push of a button, but how do you choose the... Full description

Libristo code: 04378959

275 b

112.76 €

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Given a data set, you can fit thousands of models at the push of a button, but how do you choose the best? With so many candidate models, overfitting is a real danger. Is the monkey who typed Hamlet actually a good writer? Choosing a model is central to all statistical work with data. We have seen rapid advances in model fitting and in the theoretical understanding of model selection, yet this book is the first to synthesize research and practice from this active field. Model choice criteria are explained, discussed and compared, including the AIC, BIC, DIC and FIC. The uncertainties involved with model selection are tackled, with discussions of frequentist and Bayesian methods; model averaging schemes are presented. Real-data examples are complemented by derivations providing deeper insight into the methodology, and instructive exercises build familiarity with the methods. The companion website features Data sets and R code.