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Modeling. George E. P. Box. "essentially, all models are wrong, but some are useful”. Name The Parts. Identify Relationships. u csb.edu. Understand Class of Outcome. Equilibrium Cycle Random Complex. Understand Class of Outcome. zFacts.com. Decision Aids. The Monty Hall Problem.

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Presentation Transcript
Modeling

Modeling

H.Malekinezhad


George E. P. Box

H.Malekinezhad

"essentially, all models are wrong, but some are useful”


Name the parts
Name The Parts

H.Malekinezhad


Identify relationships
Identify Relationships

H.Malekinezhad

ucsb.edu


Understand class of outcome
Understand Class of Outcome

Equilibrium

Cycle

Random

Complex

H.Malekinezhad


Understand class of outcome1
Understand Class of Outcome

H.Malekinezhad

zFacts.com


The monty hall problem

Decision Aids

The Monty Hall Problem

H.Malekinezhad


1

2

H.Malekinezhad

3


1

2

H.Malekinezhad


1 1/3

2 1/3

H.Malekinezhad

3 1/3


1 1/3

2

2/3

H.Malekinezhad

3


1 1/3

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2/3

H.Malekinezhad



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