RE: Describing variability
From:"Bachman, William"
Subject:RE: [NMusers] Describing variability
Date:Tue, 1 Apr 2003 11:23:16 -0500
Ken,
While those are all certainly good suggestions (and I highly recommend them), there are still some relatively simple
models (read as not over-parameterized) where you won't get a successful $COV (e.g when sampling is limited and
there is just no way you're going to get any more or better data, like pediatric studies.)
Should you not use the model for any purpose? I don't think so. It may still be adequate for descriptive purposes
or planning of further studies. $COV is a bonus in that it gives you added confidence that you have not found a local
minimum (as well as estimates of the standard errors, etc). If the situation warrants, certainly take a Bayesian
approach or do extensive simulation studies, but I don't think that's ALWAYS necessary, do you? You have implied
that I don't think successful convergence or $COV is ever needed or desired. The point I'm trying to make is that some
sort of balanced approach can be taken and sometimes, you have to "go with what you got."
Bill