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Sorry my background is in engineering not stats so I probably confused my terms a little. I think I mixed up 'variable' with 'parameter'. As an example of what
by bigger_cheese 10y ago
Sorry my background is in engineering not stats so I probably confused my terms a little. I think I mixed up 'variable' with 'parameter'.
As an example of what I meant, at the plant where I work we are often concerned about yield (the ratio of input mass to output mass). We measure a number of different "terms" during our process which we have control of to varying degrees (As an engineer I call these terms parameters I guess a statistician calls them 'independent variables').
So the term I'm trying to model is yield and my input variables are the various 'terms'.
I will read up on cross validation now (hadn't heard of it before). My work uses SAS - a quick google search suggest SAS supports this test.
Thanks for answering my question.