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RESEARCH PRODUCT

What subject matter questions motivate the use of machine learning approaches compared to statistical models for probability prediction?

Harald Binder

subject

Statistics and Probabilitybusiness.industryProbability estimationStatistical modelGeneral MedicineMachine learningcomputer.software_genreLogistic regressionMulticategoryOutcome (probability)Subject matterDienerEconometricsArtificial intelligenceStatistics Probability and UncertaintybusinesscomputerMathematics

description

This is a discussion of the following papers: "Probability estimation with machine learning methods for dichotomous and multicategory outcome: Theory" by Jochen Kruppa, Yufeng Liu, Gerard Biau, Michael Kohler, Inke R. Konig, James D. Malley, and Andreas Ziegler; and "Probability estimation with machine learning methods for dichotomous and multicategory outcome: Applications" by Jochen Kruppa, Yufeng Liu, Hans-Christian Diener, Theresa Holste, Christian Weimar, Inke R. Konig, and Andreas Ziegler.

https://doi.org/10.1002/bimj.201300218