Liability-threshold Model
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Liability-threshold Model
In mathematical or statistical modeling a threshold model is any model where a threshold value, or set of threshold values, is used to distinguish ranges of values where the behaviour predicted by the model varies in some important way. A particularly important instance arises in toxicology, where the model for the effect of a drug may be that there is zero effect for a dose below a critical or threshold value, while an effect of some significance exists above that value.Dodge, Y. (2003) ''The Oxford Dictionary of Statistical Terms'', OUP. Certain types of regression model may include threshold effects. Collective behavior Threshold models are often used to model the behavior of groups, ranging from social insects to animal herds to human society. Classic threshold models were introduced by Sakoda, in his 1949 dissertation and the Journal of Mathematical Sociology (JMS vol 1 #1, 1971). They were subsequently developed by Schelling, Axelrod, and Granovetter to model collective be ...
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Statistical Model
A statistical model is a mathematical model that embodies a set of statistical assumptions concerning the generation of Sample (statistics), sample data (and similar data from a larger Statistical population, population). A statistical model represents, often in considerably idealized form, the data-generating process. A statistical model is usually specified as a mathematical relationship between one or more random variables and other non-random variables. As such, a statistical model is "a formal representation of a theory" (Herman J. Adèr, Herman Adèr quoting Kenneth A. Bollen, Kenneth Bollen). All Statistical hypothesis testing, statistical hypothesis tests and all Estimator, statistical estimators are derived via statistical models. More generally, statistical models are part of the foundation of statistical inference. Introduction Informally, a statistical model can be thought of as a statistical assumption (or set of statistical assumptions) with a certain property: that ...
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