Idea

Chris Smith avatar image
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Chris Smith suggested Chris Smith commented

Create a performance measure from statistic of every object in model, group, or class

The reports and statistics allows an export of statistics like the stats_input of every object in the model. Unless I am mistaken, in order to do this within an experiment I need to add a performance measure for each object to get the same functionality. If I have 1000 objects, then that would be tedious when done manually. Basically the idea is to have the functionality to select a measure that is a performance measure for every object in the model, every object in a group, or every object in a class (I imagine the universal selector would be used). Allowing custom code to create custom statistics that are applied to each selected object would be a bonus.

experimenterstatisticsperformance measures
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1 Comment

Jordan Johnson avatar image
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Jordan Johnson commented

This also brings up a very interesting effect called the Bonferroni Inequality.

When you experiment, and you run replications of a model, you get a confidence interval, not an exact value. You are saying that you are 95% confident that the mean is within some range.

But if you do that with many measurements, then you have to begin worrying about your model confidence, namely, what are the odds that all measured means are within their confidence intervals? If you measure 10 statistics, each to a 95% confidence interval, then there is only a 60% chance that all means are within their confidence intervals. If you are measuring 100 statistics, then there is a 0.5% chance that all of your means are actually within their confidence intervals. Each one might be very certain, but a few are likely outside that bounds.

So as far as decision making goes, try to focus on a few key measurements, rather than many.

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