Identifying models of dynamic systems is described herein. One method for identifying a model of a dynamic system includes estimating a number of parameters for each of a number of models of the dynamic system, predicting an output using the estimated number of parameters for each of the number of models, calculating a rate of error of the predicted output for each of the number of models compared to an observed output, and identifying a best model among the number of models of the dynamic system based on the calculated rate of errors.
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