Memory trick

Comadiroma

For the question:

"What is the purpose of regulatory best practices for predictive models?"

I have a memory trick that works better for me and might for others:

"What is the purpose of regulatory Best practices for Predictive Models?

B -- Baseline for regulators (Provide)
P -- Parameter Valuation (Support)
M -- Model understanding (Improve)

The parenthetical words even spell out PSI, which is air pressure, so, BPM in my mind is beats per minute, related at least somewhat to blood pressure (I think, I'm not a doctor), and now you've got air pressure and blood pressure connecting those if you need.

graham

Great! I have linked to it from the wiki here:

• https://battleacts6us.ca/wiki6us/CAS.PredictiveModels#Section_IV_-_Do_Regulators_Need_Best_Practices_to_Review_Predictive_Models.3F