Chapter 8 Modelling

8.1 Minimum practice standards

8.2 Regression

8.3 Univariate approaches

8.4 Multivariate approaches

8.4.1 Variable processing

8.4.1.1 Descriptive statistics and distributions

8.4.1.2 Dealing with missing data

8.4.2 Variable selection

8.4.2.1 Intercorrelation/autocorrelation

8.4.2.2 Stepwise approaches

8.4.2.3 Reducing dimensionality (PCA etc.)

8.5 Advanced approaches

8.5.1 Machine learning

8.5.2 Neural networks

8.6 Simulation approaches

8.6.1 Markov chains

8.6.2 Agent-based simulation

8.7 Accuracy assessment

8.7.1 Model testing and accuracy assessment

8.7.2 Tests of goodness of fit

8.7.3 Sensitivity analyses

8.7.3.1 Deterministic

8.8 Probabilistic