Overal Model Test: Interpretation
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6. Does the estimate make sense?
We discussed, in the previous section, how to apply the overall model test (OMT) to check the overall validity of the assumed mathematical model. Now, the question is what if the overall model test results in a rejection? What will be its interpretation and what could be the reason for its rejection? In the next two videos, we will address these questions.
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Observation Theory: Estimating the Unknown by TU Delft OpenCourseWare is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Based on a work at https://ocw.tudelft.nl/courses/observation-theory-estimating-unknown.