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For classification, the problem of class imbalance is well known and has been extensively studied. In this paper, we argue that imbalance in regression is an equally important problem which has so far been overlooked: Due to under- and…
A reinforcement learning agent tries to maximize its cumulative payoff by interacting in an unknown environment. It is important for the agent to explore suboptimal actions as well as to pick actions with highest known rewards. Yet, in…
We present a simple agent-based model of a financial system composed of leveraged investors such as banks that invest in stocks and manage their risk using a Value-at-Risk constraint, based on historical observations of asset prices. The…
Speculative decoding has emerged as an effective method to reduce latency and inference cost of LLM inferences. However, there has been inadequate attention towards the energy requirements of these models. To address this gap, this paper…
For regression model selection via maximum likelihood estimation, we adopt a vector representation of candidate models and study the likelihood ratio confidence region for the regression parameter vector of a full model. We show that when…
Neural models, including large language models (LLMs), achieve superior performance on multi-hop question-answering. To elicit reasoning capabilities from LLMs, recent works propose using the chain-of-thought (CoT) mechanism to generate…
Feature weighting algorithms try to solve a problem of great importance nowadays in machine learning: The search of a relevance measure for the features of a given domain. This relevance is primarily used for feature selection as feature…
Business processes may face a variety of problems due to the number of tasks that need to be handled within short time periods, resources' workload and working patterns, as well as bottlenecks. These problems may arise locally and be…
Given data y(n) and p(n)covariates x(n) one problem in linear regression is to decide which if any of the covariates to include. There are many articles on this problem but all are based on a stochastic model for the data. This paper gives…
Transparency and explainability are important features that responsible autonomous vehicles should possess, particularly when interacting with humans, and causal reasoning offers a strong basis to provide these qualities. However, even if…
Extrapolation from a source to a target, e.g., from adults to children, is a promising approach to utilizing external information when data are sparse. In the context of meta-analysis, one is commonly faced with a small number of studies,…
Machine learning (ML) has emerged as a powerful tool for tackling complex regression and classification tasks, yet its success often hinges on the quality of training data. This study introduces an ML paradigm inspired by domain knowledge…
We consider high-dimensional inference when the assumed linear model is misspecified. We describe some correct interpretations and corresponding sufficient assumptions for valid asymptotic inference of the model parameters, which still have…
Designing models that produce accurate predictions is the fundamental objective of machine learning (ML). This work presents methods demonstrating that when the derivatives of target variables (outputs) with respect to inputs can be…
Linear regression is often deemed inherently interpretable; however, challenges arise for high-dimensional data. We focus on further understanding how linear regression approximates nonlinear responses from high-dimensional functional data,…
In many settings, a data curator links records from two files to produce datasets that are shared with secondary analysts. Analysts use the linked files to estimate models of interest, such as regressions. Such two-stage approaches do not…
Latent space models are powerful statistical tools for modeling and understanding network data. While the importance of accounting for uncertainty in network analysis has been well recognized, the current literature predominantly focuses on…
This paper explores the following question: what kind of statistical guarantees can be given when doing variable selection in high-dimensional models? In particular, we look at the error rates and power of some multi-stage regression…
With the ever-increasing use of complex machine learning models in critical applications within the finance domain, explaining the decisions of the model has become a necessity. With applications spanning from credit scoring to credit…
As machine learning models are increasingly used in critical decision-making settings (e.g., healthcare, finance), there has been a growing emphasis on developing methods to explain model predictions. Such \textit{explanations} are used to…