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In Medicine, Stupid Models Kill People – “The Signal and the Noise: The Art and Science of Prediction”, Nate Silver

November 20th, 2012 · No Comments · Data, Prediction, Statistical Inference, Statistics

Much of the most thoughtful work on the use and abuse of statistical models and the proper role of prediction comes from people in the medical profession. That is not to say there is nothing on the line when an economist makes a prediction, or a seismologist does. But because of medicine’s intimate connection with life and death, doctors tend to be appropriately cautious. In their field, stupid models kill people. It has a sobering effect.

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