The purpose of statistical model selection is to identify a parsimonious model, which is a model that is as simple as possible while maintaining good predictive ability over the outcome of interest.

We propose a new criterion for model selection in prediction problems. The covariance inflation criterion adjusts the training error by the average covariance of the ...

A statistical model -- now an easy-to-use software tool -- local police can use to identify a series of related crimes and nab a suspect has been unveiled. Crime linkage is the investigative process ...

Statistical models predict stock trends using historical data and mathematical equations. Common statistical models include regression, time series, and risk assessment tools. Effective use depends on ...

SEATTLE, WA, AUGUST 11, 2015 - A statistical model--now an easy-to-use software tool--local police can use to identify a series of related crimes and nab a suspect was unveiled today by Michael D.