1. Give a particular illustration (from Grandjean et al. (1998) or class discussion) of the tradeoff between choosing a model that is accurate, and one that is convenient. (one paragraph answer)

2. We discussed in class how models cannot simultaneously be accurate, convenient and repeatable. In this regard, explain what "accurate", "convenient" and "repeatable" mean. Answer either with an abstract definition, or an example that lays bare the key elements of these concepts. (short paragraph answer for each)

Accurate:

Convenient:

Repeatable: