We distinguish four types of modeling approaches, differentiated by
the purpose of our analysis:
- Descriptive modeling
- Sample-to-population inferential modeling
- Explanatory modeling
- Predictive modeling
What type of modeling strategies best apply for the following
questions? To see the correct answer click the CODE
button.
- What is the (causal) effect of raising the minimum wage on the
unemployment rate?
"Explanatory"
- How much revenue can we expect the upcoming advertisement campaign
to generate?
"Predictive"
- Are single mothers in the Czech Republic more likely to be at the
risk of poverty than mothers with husbands?
"Sample-to-population inference"
- Do regions in the Czech Republic with high unemployment rate also
have higher children mortality?
"Descriptive"
- Is there a relationship between education and pro-environmental
attitudes in the population of Czech adults?
"Sample-to-population inference"