Misspecification of model and tests if justified zero

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Misspecification of model and tests: if justified (zero percentage points); if not (-20% points) Misinterpretation of model and test results: (-20% points) Making incorrect conclusions: (-20% points) Other mistakes: (depends on the case, max is -20% points) Rational of losing points is following: A student who chooses an incorrect model and specifies it incorrectly and interprets results incorrectly which results in incorrect conclusions and does not justify these decisions, shall lose 100% of assignment points. Lost points are additive. If you incur two separate mistakes in one assignment, their lost points will be added and deducted from 100%. The resulting percentage will be multiplied by the assignment weight to arrive at the assignment grade. Besides this, after the presentations I will ask questions to each team member individually to account for individual presentations. Correct answers will save you from losing points. Additional questions may be asked if necessary. The following mistakes are not point-deductible: Mistakes that are identified by students and clearly explained why they are incurred this mistake and why it was beyond their control. Administrative and time-management issues do not fall into this category. Incorrect model results the due to quality of data Model limitations from lack of data or using proxy data due to the unavailability of the original to unavailability of the original
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