Decision Sciences
8 years ago

New test detects if regression models fit data accurately.

Quality Engineering
An omnibus test of goodness-of-fit for conditional distributions with applications to regression models
Gilles R. Ducharme, Sandie Ferrigno

Paper Summary

A new test has been developed to check if a regression model fits a set of data well. This test uses a modified statistic and a special way to estimate the distribution of the data. The test can detect any differences from the expected model, but its power is similar to other tests.

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