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<a accesskey="3" href="page.php?w=Data_generating_process&amp;p=2">3.Next</a>
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<p>In statistics and in empirical sciences, a <b>data generating process</b> is a process in the real world that "generates" the data one is interested in. This process encompasses the underlying mechanisms, factors, and randomness that contribute to the production of observed data. Usually, scholars do not know the real data generating <a href="page.php?w=model">model</a> and instead rely on assumptions, approximations, or inferred models to analyze and interpret the observed data effectively. However, it is assumed that those real models have</p><p>
<a accesskey="3" href="page.php?w=Data_generating_process&amp;p=2">3.Next</a>
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