The Journal of Risk Model Validation

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<span class="mw-page-title-main">Dive computer</span> Instrument to calculate decompression status in real time

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<span class="mw-page-title-main">Cross-validation (statistics)</span> Statistical model validation technique

Cross-validation, sometimes called rotation estimation or out-of-sample testing, is any of various similar model validation techniques for assessing how the results of a statistical analysis will generalize to an independent data set. Cross-validation is a resampling method that uses different portions of the data to test and train a model on different iterations. It is mainly used in settings where the goal is prediction, and one wants to estimate how accurately a predictive model will perform in practice. In a prediction problem, a model is usually given a dataset of known data on which training is run, and a dataset of unknown data against which the model is tested. The goal of cross-validation is to test the model's ability to predict new data that was not used in estimating it, in order to flag problems like overfitting or selection bias and to give an insight on how the model will generalize to an independent dataset.

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The Monthly Weather Review is a peer-reviewed scientific journal published by the American Meteorological Society. It covers research related to analysis and prediction of observed and modeled circulations of the atmosphere, including technique development, data assimilation, model validation, and relevant case studies. This includes papers on numerical techniques and data assimilation techniques that apply to the atmosphere and/or ocean environment. The editor-in-chief is David M. Schultz.

<span class="mw-page-title-main">The Minerals, Metals & Materials Society</span> US-based professional organization

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Risk magazine provides news and analysis covering the financial industry, with a particular focus on risk management, derivatives and complex finance. It includes articles and papers on credit risk, market risk, risk systems, swap option pricing, derivatives risk and pricing, regulation and asset management. Articles include news, features, comment, analysis and mathematical papers. Risk has a tradition of covers featuring pieces of abstract modern art.

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Verification and validation are independent procedures that are used together for checking that a product, service, or system meets requirements and specifications and that it fulfills its intended purpose. These are critical components of a quality management system such as ISO 9000. The words "verification" and "validation" are sometimes preceded with "independent", indicating that the verification and validation is to be performed by a disinterested third party. "Integration verification and validation" can be abbreviated as "IV&V".

Quantification of Margins and Uncertainty (QMU) is a decision support methodology for complex technical decisions. QMU focuses on the identification, characterization, and analysis of performance thresholds and their associated margins for engineering systems that are evaluated under conditions of uncertainty, particularly when portions of those results are generated using computational modeling and simulation. QMU has traditionally been applied to complex systems where comprehensive experimental test data is not readily available and cannot be easily generated for either end-to-end system execution or for specific subsystems of interest. Examples of systems where QMU has been applied include nuclear weapons performance, qualification, and stockpile assessment. QMU focuses on characterizing in detail the various sources of uncertainty that exist in a model, thus allowing the uncertainty in the system response output variables to be well quantified. These sources are frequently described in terms of probability distributions to account for the stochastic nature of complex engineering systems. The characterization of uncertainty supports comparisons of design margins for key system performance metrics to the uncertainty associated with their calculation by the model. QMU supports risk-informed decision-making processes where computational simulation results provide one of several inputs to the decision-making authority. There is currently no standardized methodology across the simulation community for conducting QMU; the term is applied to a variety of different modeling and simulation techniques that focus on rigorously quantifying model uncertainty in order to support comparison to design margins.

<i>Proceedings of the Institution of Mechanical Engineers, Part O</i> Academic journal

The Proceedings of the Institution of Mechanical Engineers, Part O: Journal of Risk and Reliability is a quarterly peer-reviewed academic journal that covers risk analysis and reliability engineering, including engineering, mathematical modelling and statistical analysis. The journal was established in 2006 and is published by SAGE Publications on behalf of the Institution of Mechanical Engineers. According to the Journal Citation Reports, its 2013 impact factor is 0.775.

<span class="mw-page-title-main">Technology readiness level</span> Method for estimating the maturity of technologies

Technology readiness levels (TRLs) are a method for estimating the maturity of technologies during the acquisition phase of a program. TRLs enable consistent and uniform discussions of technical maturity across different types of technology. TRL is determined during a technology readiness assessment (TRA) that examines program concepts, technology requirements, and demonstrated technology capabilities. TRLs are based on a scale from 1 to 9 with 9 being the most mature technology.

References

  1. "The Journal of Risk Model Validation". 2015 Journal Citation Reports . Web of Science (Social Sciences ed.). Thomson Reuters. 2016.