Sentences with phrase «statistical prediction rules»

Started investigating the theory behind statistical prediction rules and saw that it was a better method for me.

The reason is that when experts are given statistical prediction rules along with permission to override them, the experts find more broken legs than there really are.

Since the 1950s, social scientists have been comparing the predictive abilities of traditional experts, and what are known as «statistical prediction rules,» which are just simple models.

Statistical prediction rules get broken - leg problems incorrect because the particular case is so different from the base rate.

In fact, experts predict less reliably than they would have if they had just used the statistical prediction rule.

The issue is that they continue to underperform the statistical prediction rule alone.

Not exact matches

The contrarian value investment strategy is a good avenue for the application of statistical - prediction rules because all of the stocks have what appear to be broken legs.