Category: Modeling

How close are you? The “Why” behind Percent Error

There’s an old saying, “Close only counts in horseshoes and hand grenades.” People would say this in response to someone saying “Well, I was close.” So, why does close count in horseshoes and hand grenades, and why is this the introduction to a science paper? Horseshoes: If you’ve never played before (I bet most of you haven’t), the goal is...