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Related papers: Using evidence to make decisions

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In observational studies of discrimination, the most common statistical approaches consider either the rate at which decisions are made (benchmark tests) or the success rate of those decisions (outcome tests). Both tests, however, have…

Applications · Statistics 2025-03-07 Johann D. Gaebler , Sharad Goel

The features of a logically sound approach to a theory of statistical reasoning are discussed. A particular approach that satisfies these criteria is reviewed. This is seen to involve selection of a model, model checking, elicitation of a…

Statistics Theory · Mathematics 2018-05-09 Luai Al-Labadi , Zeynep Baskurt , Michael Evans

Items in a test are often used as a basis for making decisions and such tests are therefore required to have good psychometric properties, like unidimensionality. In many cases the sum score is used in combination with a threshold to decide…

Methodology · Statistics 2020-07-14 Lourens Waldorp , Maarten Marsman , Denny Borsboom

This paper examines a commonly used measure of persuasion whose precise interpretation has been obscure in the literature. By using the potential outcome framework, we define the causal persuasion rate by a proper conditional probability of…

Econometrics · Economics 2022-12-02 Sung Jae Jun , Sokbae Lee

In the Bayesian literature on model comparison, Bayes factors play the leading role. In the classical statistical literature, model selection criteria are often devised used cross-validation ideas. Amalgamating the ideas of Bayes factor and…

Statistics Theory · Mathematics 2020-06-12 Debashis Chatterjee , Sourabh Bhattacharya

The evaluation of the error to be attributed to cut efficiencies is a common question in the practice of experimental particle physics. Specifically, the need to evaluate the efficiency of the cuts for background removal, when they are…

Data Analysis, Statistics and Probability · Physics 2009-02-02 Gioacchino Ranucci

The thresholding of time series of activity or intensity is frequently used to define and differentiate events. This is either implicit, for example due to resolution limits, or explicit, in order to filter certain small scale physics from…

Data Analysis, Statistics and Probability · Physics 2015-05-20 Francesc Font-Clos , Gunnar Pruessner , Anna Deluca , Nicholas R. Moloney

Often information relevant to a decision is summarized in an index number. This paper explores conditions under which conclusions using index numbers are relevant to the decision that needs to be made. Specifically it explores the idea that…

Theoretical Economics · Economics 2025-01-28 Fred Roberts , Helen Roberts , Alexis Tsoukiàs

Null Hypothesis Significance Testing is the \textit{de facto} tool for assessing effectiveness differences between Information Retrieval systems. Researchers use statistical tests to check whether those differences will generalise to online…

Information Retrieval · Computer Science 2025-07-23 David Otero , Javier Parapar , Álvaro Barreiro

Positive predictive value and negative predictive value are two widely used parameters to assess the clinical usefulness of a medical diagnostic test. When there are two diagnostic tests, it is recommendable to make a comparative assessment…

Methodology · Statistics 2024-05-29 Antonio Martín Andrés , Pedro Femia Marzo

To make decisions we are guided by the evidence we collect, as well as the opinions of friends and neighbors. How do we integrate our private beliefs with information we obtain from our social network? To understand the strategies humans…

Physics and Society · Physics 2020-03-04 Bhargav Karamched , Simon Stolarczyk , Zachary Kilpatrick , Krešimir Josić

The customary use of P-values in scientific research has been attacked as being ill-conceived, and the utility of P-values has been derided. This paper reviews common misconceptions about P-values and their alleged deficits as indices of…

Methodology · Statistics 2013-11-04 Michael J. Lew

This article presents a pragmatic framework for making formal, utility-based decisions from statistical inferences. The method calculates an expected utility score for an intervention by combining Bayesian posterior probabilities of…

Methodology · Statistics 2025-11-11 Will G. Hopkins

In this paper we look at popular fairness methods that use causal counterfactuals. These methods capture the intuitive notion that a prediction is fair if it coincides with the prediction that would have been made if someone's race, gender…

Machine Learning · Statistics 2022-12-12 Jake Fawkes , Robin Evans , Dino Sejdinovic

Particle physics experiments use likelihood ratio tests extensively to compare hypotheses and to construct confidence intervals. Often, the null distribution of the likelihood ratio test statistic is approximated by a $\chi^2$ distribution,…

Data Analysis, Statistics and Probability · Physics 2022-04-06 Sara Algeri , Jelle Aalbers , Knut Dundas Morå , Jan Conrad

Here we focus on the description of the mechanisms behind the process of information aggregation and decision making, a basic step to understand emergent phenomena in society, such as trends, information spreading or the wisdom of crowds.…

Physics and Society · Physics 2015-04-15 Víctor M. Eguíluz , N. Masuda , J. Fernández-Gracia

There is growing interest in Bayesian clinical trial designs with informative prior distributions, e.g. for extrapolation of adult data to pediatrics, or use of external controls. While the classical type I error is commonly used to…

Methodology · Statistics 2023-09-06 Nicky Best , Maxine Ajimi , Beat Neuenschwander , Gaelle Saint-Hilary , Simon Wandel

Combining evidence from different sources can be achieved with Bayesian or Dempster-Shafer methods. The first requires an estimate of the priors and likelihoods while the second only needs an estimate of the posterior probabilities and…

Machine Learning · Computer Science 2021-04-16 Fabrice Daniel

Following Fisher, it is widely believed that randomization "relieves the experimenter from the anxiety of considering innumerable causes by which the data may be disturbed." In particular, it is said to control for known and unknown…

Methodology · Statistics 2017-10-02 Uwe Saint-Mont

In many large multiple testing problems the hypotheses are divided into families. Given the data, families with evidence for true discoveries are selected, and hypotheses within them are tested. Neither controlling the error-rate in each…

Statistics Theory · Mathematics 2011-06-21 Yoav Benjamini , Marina Bogomolov
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