RE: Standard errors below 0.1%?
From: "Bachman, William (MYD)" bachmanw@iconus.com
Subject: RE: [NMusers] Standard errors below 0.1%?
Date: Wed, 3 Aug 2005 08:05:29 -0400
Changing the TOL effectively changes the search over the response surface
(lowering the tolerance allows termination with less stringent criteria)
which, as in your case, can result in a successful covariance step.
As far as the standard error estimates, one should use all the information
at hand to assess the the model including the variance estimates and
diagnostic plots. Are the low std error estimates corroborated by tight
plots or, conversely, are they all over the place. (That information is
really more related to the variance estimates, but, if you have highly
informative data you will get low std error estimates).
I haven't looked at your model thoroughly and without assessing all the
estimates and seeing diagnostic plots, it's difficult to know if your std
estimates should be trusted. However, it's UNUSUAL for Michaelis-Menten
type parameters to be well estimated.