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Ecological Modelling 176 (2004) 349?358 Model validation using equivalence tests Andrew P. Robinson a, Robert E. Free b,1 b a Department of Forest Resources, University of Idaho, P.O. Box 441133,
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How to fill out model validation using equivalence

To fill out model validation using equivalence, follow these steps:
01
Identify the different equivalence classes in your model. Equivalence classes are groups of inputs that are expected to produce the same output. For example, if you have a model that calculates the total price of a shopping cart, one equivalence class may be inputs with only regular-priced items and another equivalence class may be inputs with both regular-priced and discounted items.
02
Select representative values from each equivalence class. These values should cover the range of possible inputs within each class. For instance, if one equivalence class is inputs with regular-priced items, you can select a representative value of $10 and another of $50.
03
Generate test cases using the selected values. Each test case should have one input value from each equivalence class. In the shopping cart example, you could have a test case with $10 regular-priced items and no discounted items, and another test case with $50 regular-priced items and a 20% discounted item.
04
Execute the test cases on your model and observe the outputs. Compare the expected output with the actual output to determine if the model behaves as expected for each equivalence class.
Who needs model validation using equivalence?
01
Software developers: Model validation using equivalence is important for software developers who want to ensure that their models accurately represent the behavior of the system they are developing. It helps them identify any discrepancies or errors in the model and make necessary adjustments.
02
Quality assurance analysts: QA analysts use model validation using equivalence to verify the correctness and reliability of a software system. By testing the model with representative values from different equivalence classes, they can uncover potential issues or discrepancies early in the development process.
03
Regulators or auditors: In some industries, software systems need to comply with specific regulations or standards. Model validation using equivalence is crucial for regulators or auditors to ensure that the software system meets the required criteria and operates as intended.
In conclusion, model validation using equivalence is a valuable technique for ensuring the accuracy and reliability of software models. It involves identifying equivalence classes, selecting representative values, generating test cases, and comparing expected and actual outputs. It is beneficial for software developers, quality assurance analysts, and regulators or auditors who need to validate software systems.
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What is model validation using equivalence?
Model validation using equivalence is a process to verify that a mathematical model accurately represents a real-world situation, by comparing its outputs to a benchmark model or empirical data.
Who is required to file model validation using equivalence?
Financial institutions and organizations that utilize mathematical models for decision-making or risk analysis are typically required to file model validation using equivalence.
How to fill out model validation using equivalence?
To fill out model validation using equivalence, one must compare the outputs of the model being validated with a benchmark model or empirical data. This can be done through statistical analysis, sensitivity testing, or other validation techniques.
What is the purpose of model validation using equivalence?
The purpose of model validation using equivalence is to ensure that the mathematical models used by financial institutions or organizations produce accurate and reliable results, which in turn helps in making informed decisions and managing risks effectively.
What information must be reported on model validation using equivalence?
The information that must be reported on model validation using equivalence includes a description of the model being validated, the benchmark model or empirical data used for comparison, the validation techniques employed, and the results and conclusions of the validation process.
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