Quantitude cover image

Quantitude

S1E14: Model Fit & The Curse of the Black Pearl

Feb 11, 2020
Patrick and Greg discuss model fit in structural equation models, compulsive counting, mashed potatoes, building model 747s, Jenga, Moses's tablet, the Pirate Code, demon conferences, and Roo Mates.
01:03:57

Podcast summary created with Snipd AI

Quick takeaways

  • Fit indices provide varied perspectives on model performance to aid evidence gathering.
  • Assessing global and local fit indices helps pinpoint model strengths and weaknesses.

Deep dives

Understanding Fit Indices in Statistics

Exploring fit indices in statistics and the importance of interpreting them collectively. Fit indices provide different perspectives on model fit and should be viewed as evidence gathering tools. It is crucial to assess the global and local fit of a model, considering the nuances and complexities represented by various fit indices. Emphasizing the need to analyze not only the numbers but also what they collectively indicate about the model's performance.

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner