Re: Goodness of fit measures for a distribution


>>
> Well, it's one I would go for. It's time to trot out the well known
> G.E.P. Box quote: "All models are wrong, but some are useful". This
> suggests that "best" is not a good criterion (because it'll never be right
> anyway, and there are an infinite number of models you could try). I
> suppose the criterion used in practice is "good enough". And we try to
> discourage people from putting a number on that as well.
>
> Bob
>

Yes, and I guess that would explain the fact why there are over 100
distributions out there when one could have "good enough" results with the
Normal distribution right?

V.Z.


.

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