Approximate models and robust decisions

Decisions based partly or solely on predictions from probabilistic models may be sensitive to model misspecification. Statisticians are taught from an early stage that “all models are wrong, but some are useful”, however little formal guidance exists on how to assess the impact of model approximatio...

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Hlavní autoři: Watson, J, Holmes, C
Médium: Journal article
Vydáno: Institute of Mathematical Statistics 2017