* ''[[Cross-validation (statistics)|Cross-validation]]''. By splitting the data into multiple parts, we can check if an analysis (like a fitted model) based on one part of the data generalizes to another part of the data as well. Cross-validation is generally inappropriate, though, if there are correlations within the data, e.g. with [[panel data]]. Hence other methods of validation sometimes need to be used. For more on this topic, see [[statistical model validation]]. | * ''[[Cross-validation (statistics)|Cross-validation]]''. By splitting the data into multiple parts, we can check if an analysis (like a fitted model) based on one part of the data generalizes to another part of the data as well. Cross-validation is generally inappropriate, though, if there are correlations within the data, e.g. with [[panel data]]. Hence other methods of validation sometimes need to be used. For more on this topic, see [[statistical model validation]]. |