Model Validation definition

Model Validation means the process of evaluating calibrated model results using field-measured data and quantifying the residual (structural) uncertainty.
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Examples of Model Validation in a sentence

  • UNI shall provide Bank with reasonable access to the Model Documentation and Credit Model Validation Documentation, including the credit and business models underlying the Credit Model Validation Services and all pricing, credit, and underwriting assumptions thereto, provided that, in each instance, the requirements of Section 10.4(e) of this Agreement have been met.

  • The parties acknowledge and agree that (i) the term Confidential Information excludes Customer Information, and (ii) all Credit Model Validation Documentation is and shall remain UNI’s Confidential Information.

  • DOE stated that the geochemical model validation reports for" Geochemistry Model Validation Report: Degradation and Release" and "Geochemistry Model Validation Report: Material Accumulation" are expected to be available during 2001.

  • The following is a list of CA Maintenance items anticipated to be initiated and/or performed in FY2018 subject to available funding (not including items listed in Section 3.2):  Conduct the FY2017 SRS CA Annual Review and Model Validation (this report).

  • Task 5-3 Hydraulic Model Validation and Development Activities For select subbasins, the stormwater system data collected under Task 3-2 will be imported into the XPSWMM or other approved SWMM hydraulic modeling platform.

  • Development of an Integrated Assessment Tool for Acid Deposition in Asia: Training, Model Validation and Upgrading.

  • Refer to ▇▇-▇▇-716 Power Plant Dynamic Model Validation and Submission Prerequisites for more information on the specifications that apply to these models.

  • Model Validation for the FY2020 SRS Composite Analysis Monitoring Plan, SRNL-STI-2021-00028, Rev.

  • Model validation will focus primarily on the model’s ability to match observed traffic count data but also will include comparisons of model parameters and statistics to generally accepted guidelines (Travel Model Validation & Reasonableness Checking Manual, 2nd Edition).

  • To further confirm that the model validation stands up to local scrutiny, the Cambridge Systematics team will work with WAMPO to form a Model Validation Task Force made up of representatives from local jurisdictions.

Related to Model Validation

  • Validation as used in WAC 222-20-016, means the department's agreement that a small forest landowner has correctly identified and classified resources, and satisfactorily completed a roads assessment for the geographic area described in Step 1 of a long-term application.

  • traceability means the ability to trace and follow a food, feed, food-producing animal or substance intended to be, or expected to be incorporated into a food or feed, through all stages of production, processing and distribution;

  • Stability (7) means the standard deviation (1 sigma) of the variation of a particular parameter from its calibrated value measured under stable temperature conditions. This can be expressed as a function of time.

  • Interoperability means the ability of a CenturyLink OSS Function to process seamlessly (i.e., without any manual intervention) business transactions with CLEC's OSS application, and vice versa, by means of secure exchange of transaction data models that use data fields and usage rules that can be received and processed by the other Party to achieve the intended OSS Function and related response. (See also Electronic Bonding.)

  • Permeability of a space means the ratio of the volume within that space which is assumed to be occupied by water to the total volume of that space.