A statistical comparison of three goodness-of-fit criteria used in modelling distances (Q1428286): Difference between revisions

Summary: Distance predicting functions may be used in a variety of applications for estimating travel distances between points. To evaluate the accuracy of a distance predicting function and to determine its parameters, goodness-of-fit criteria are employed. \(AD\) (Absolute Deviations), \(SD\) (Squared Deviations) and \(NAD\) (Normalized Absolute Deviations) are the three criteria that are mostly employed in practice. In the literature some assumptions have been made about the properties of each criterion. We present statistical analyses performed to compare the three criteria from different perspectives. For this purpose, we employ the \(\ell_{kp\theta}\)-norm as the distance predicting function, and statistically compare the three criteria by using normalized absolute prediction error distributions in seventeen geographical regions. We find that there exist no significant differences between the criteria. However, since the criterion \(SD\) has desirable properties in terms of distance modelling procedures, we suggest its use in practice.