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Related papers: Using evidence to make decisions

200 papers

Since its debut in the 18th century, the P-value has been an important part of hypothesis testing-based scientific discoveries. As the statistical engine accelerates, questions are beginning to be raised, asking to what extent scientific…

Complex scientific models where the likelihood cannot be evaluated present a challenge for statistical inference. Over the past two decades, a wide range of algorithms have been proposed for learning parameters in computationally feasible…

Computation · Statistics 2021-12-16 Aden Forrow , Ruth E. Baker

We show that if the exposure and the outcome affect the selection indicator in the same direction and have non-positive interaction on the risk difference, risk ratio or odds ratio scale, the exposure-outcome odds ratio in the selected…

Statistics Theory · Mathematics 2017-01-17 Zhichao Jiang , Peng Ding

There are over 55 different ways to construct a confidence respectively credible interval (CI) for the binomial proportion. Methods to compare them are necessary to decide which should be used in practice. The interval score has been…

Methodology · Statistics 2022-07-08 Lisa J. Hofer , Leonhard Held

Which type of statistical uncertainty -- statistical (in)significance with a p-value, or a Bayesian probability -- enables people to see the continuous nature of uncertainty more clearly in a policymaking context? An original survey…

Other Statistics · Statistics 2024-02-20 Akisato Suzuki

In 2016, the European Network of Forensic Science Institutes (ENFSI) published guidelines for the evaluation, interpretation and reporting of scientific evidence. In the guidelines, ENFSI endorsed the use of the likelihood ratio (LR) as a…

Applications · Statistics 2020-05-25 Nathaniel Garton , Danica Ommen , Jarad Niemi , Alicia Carriquiry

Usually one compares the accuracy of two competing classifiers via null hypothesis significance tests (nhst). Yet the nhst tests suffer from important shortcomings, which can be overcome by switching to Bayesian hypothesis testing. We…

Machine Learning · Computer Science 2016-11-23 Giorgio Corani , Alessio Benavoli , Janez Demšar , Francesca Mangili , Marco Zaffalon

The increasing application of Artificial Intelligence and Machine Learning models poses potential risks of unfair behavior and, in light of recent regulations, has attracted the attention of the research community. Several researchers…

Machine Learning · Computer Science 2023-02-17 Giandomenico Cornacchia , Vito Walter Anelli , Fedelucio Narducci , Azzurra Ragone , Eugenio Di Sciascio

Consider an agent taking two successive decisions to maximize his expected utility under uncertainty. After his first decision, a signal is revealed that provides information about the state of nature. The observation of the signal allows…

Risk Management · Quantitative Finance 2009-07-24 Michel De Lara

In earlier work, we introduced flexible inference and decision-theoretic metareasoning to address the intractability of normative inference. Here, rather than pursuing the task of computing beliefs and actions with decision models composed…

Artificial Intelligence · Computer Science 2013-02-21 Eric J. Horvitz , Adrian Klein

We consider the estimation of the multi-period optimal portfolio obtained by maximizing an exponential utility. Employing Jeffreys' non-informative prior and the conjugate informative prior, we derive stochastic representations for the…

Statistics Theory · Mathematics 2023-04-19 David Bauder , Taras Bodnar , Nestor Parolya , Wolfgang Schmid

In the last months, due to the emergency of Covid-19, questions related to the fact of belonging or not to a particular class of individuals (`infected or not infected'), after being tagged as `positive' or `negative' by a test, have never…

Populations and Evolution · Quantitative Biology 2020-11-23 Giulio D'Agostini , Alfredo Esposito

Particle physics experiments such as those run in the Large Hadron Collider result in huge quantities of data, which are boiled down to a few numbers from which it is hoped that a signal will be detected. We discuss a simple probability…

Applications · Statistics 2011-02-18 A. C. Davison , N. Sartori

Most statistical tests for treatment effects used in randomized clinical trials with survival outcomes are based on the proportional hazards assumption, which often fails in practice. Data from early exploratory studies may provide evidence…

Statistics Theory · Mathematics 2020-05-28 Andrea Arfé , Brian Alexander , Lorenzo Trippa

A recent paper presents the "false confidence theorem" (FCT) which has potentially broad implications for statistical inference using Bayesian posterior uncertainty. This theorem says that with arbitrarily large (sampling/frequentist)…

Methodology · Statistics 2018-07-18 Iain Carmichael , Jonathan P Williams

It is commonly-accepted wisdom that more information is better, and that information should never be ignored. Here we argue, using both a Bayesian and a non-Bayesian analysis, that in some situations you are better off ignoring information…

Artificial Intelligence · Computer Science 2007-05-23 Peter D. Grunwald , Joseph Y. Halpern

It is commonly-accepted wisdom that more information is better, and that information should never be ignored. Here we argue, using both a Bayesian and a non-Bayesian analysis, that in some situations you are better off ignoring information…

Artificial Intelligence · Computer Science 2014-07-29 Peter D. Grunwald , Joseph Y. Halpern

The score test statistic using the observed information is easy to compute numerically. Its large sample distribution under the null hypothesis is well known and is equivalent to that of the score test based on the expected information, the…

Statistics Theory · Mathematics 2018-08-10 N. Karavarsamis , G. Guillera-Arroita , RM Huggins , B J T Morgan

Total probability and Bayes formula are two basic tools for using prior information in the Bayesian statistics. In this paper we introduce an alternative tool for using prior information. This new toold enables us to improve some…

Mathematical Physics · Physics 2009-11-10 Adel Mohammadpour , Ali Mohammad-Djafari

The mutual information of two random variables i and j with joint probabilities t_ij is commonly used in learning Bayesian nets as well as in many other fields. The chances t_ij are usually estimated by the empirical sampling frequency…

Artificial Intelligence · Computer Science 2007-07-13 Marcus Hutter