To Explain or to Predict
Link to Journal Article Here
Who It’s For: Anyone who produces or consumes statistical knowledge is well-served by reading this helpful comparison between explanatory and predictive goals.
Why We Love It: This article provides a refreshing and valuable look into the differences between statistical models with high explanatory and high predictive power.
Citation: Shmueli, G. (2010). To Explain or to predict? Statistical Science 25(3), 289-310. Doi: 10.1214/10-STS330.
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