L1.01: Overview
Automated Fitting of Models, Comparative Goodness of Fit, and Outliers
Objectives:- Be able to adapt a modeling worksheet to compute a goodness-of-fit indicator from the deviation values between the data and the model.
- Be able to use the Solver add-in with to automatically find the model parameters which minimize the indicator, and thus fit the data as well as possible as measured by that indicator.
- Derive the standard deviation around the model from the sum of squared deviations, the number of deviation used in the sum, and the number of parameters in the model.
- Be able to use alternative goodness-of-fit measures such as maximum deviation.
- Select between different kinds of model by comparing best-fit standard deviations.
- Be able to use relative deviation to compute an alternative form of standard deviation
- Be able to identify data points that are outliers to the model implied by most of the data points, and to remove identified outliers from the model-fitting process when appropriate.
- Be able to make and use a modeling spreadsheet to fit any specified function to a dataset.