Question: 12.88 All models are wrong The statistician George Box, who had an illustrious academic career at the University of Wisconsin, is often quoted as saying,

12.88 All models are wrong The statistician George Box, who had an illustrious academic career at the University of Wisconsin, is often quoted as saying, “All models are wrong, but some models are useful.” Why do you think that, in practice,

a. All models are wrong?

b. Some models are not useful?

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