Statistical model selection with ‘Big Data’

Big Data offer potential benefits for statistical modelling, but confront problems including an excess of false positives, mistaking correlations for causes, ignoring sampling biases and selecting by inappropriate methods. We consider the many important requirements when searching for a data-based r...

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Bibliographic Details
Main Authors: Doornik, JA, Hendry, DF
Format: Journal article
Language:English
Published: Taylor and Francis 2015