ELI5: Explain Like I'm 5

Fisher consistency

Alright kiddo, let's talk about something called Fisher consistency. Basically, it's a way of checking to make sure that the things we're measuring are actually accurate and reliable.

Imagine you're trying to measure something like a length of string. You want to make sure that the measurement you're getting is the same every time you measure it, and that it's the actual length of the string. Fisher consistency helps us do that by making sure that the way we're measuring things is actually doing what it's supposed to do.

Let's say you're using a ruler to measure your string. Fisher consistency would ask questions like: is the ruler accurate and reliable? Are you measuring the string in the same way every time? Is there anything that could be affecting the measurement, like a kink in the string or a shaky hand?

If everything checks out, then we can say that our measurement is Fisher consistent. This means we can trust it to be accurate and reliable each time we measure the string with the same ruler and methodology.

It's like making sure your favorite toy works properly every time you press a button, and you know that it will always work – that's Fisher consistency!