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We build models to balance explanatory power and parsimony.
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The baseline specification in (1) using the budget balance as explanatory variable appears relatively robust.
This claim is supported by the basic AIC modeling approach, in which easily computed changes in AIC from adding successive terms to a model balance added explanatory power against the number of terms in the model.
In selecting a given matching estimator, a matching estimator which balances all explanatory variables (i.e. results in non-significant mean differences between the two groups) bears a low R 2 value and also results in a large matched sample size which is preferable.
This approach balanced the explanatory power of the model against model complexity, yielding a parsimonious list of factors that influenced the trait of interest.
Our discussion highlights our strategy to balance pragmatic and explanatory features into the study design, describes efforts to enhance site recruitment and participant adherence, and summarizes our broader goal of post study dissemination if effectiveness and cost-effectiveness are demonstrated, by preparing training and protocol manuals for use in housing facilities across the U.S.
What, for instance, should investors make of a $14 billion item on the company's balance sheet with no explanatory footnotes, entitled "All other current costs and expenses accrued"?
Among environmental predictors, water balance had the greatest explanatory power, followed by slope position, and then by slope and insolation.
They then seek to determine the optimal subgroup structure that explains the most variance while requiring the simplest specification of the model (the optimal balance between the most explanatory models and parsimonious models).
In so doing, he undermines the Dalai Lama's reasoned and balanced approach to the explanatory gap in consciousness studies.
Domains related to 'Primary trial outcome', 'Secondary trial outcome' and 'Practitioner adherence to study protocol' were considered to have a balance of both pragmatic and explanatory elements.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com