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Scientific knowledge and advances are a cornerstone of modern society. They improve our understanding of the world we live in and help us navigate global challenges including emerging infectious diseases, climate change and the biodiversity…

Statistics is sometimes described as the science of reasoning under uncertainty. Statistical models provide one view of this uncertainty, but what is frequently neglected is the 'invisible' portion of uncertainty: that assumed not to exist…

统计方法学 · 统计学 2026-03-18 Oliver L. Pescott , Robin J. Boyd , Gary D. Powney , Gavin B. Stewart

We can overcome uncertainty with uncertainty. Using randomness in our choices and in what we control, and hence in the decision making process, could potentially offset the uncertainty inherent in the environment and yield better outcomes.…

综合金融 · 定量金融 2017-10-06 Ravi Kashyap

The socioeconomic impact of pollution naturally comes with uncertainty due to, e.g., current new technological developments in emissions' abatement or demographic changes. On top of that, the trend of the future costs of the environmental…

最优化与控制 · 数学 2024-02-28 Matteo Basei , Giorgio Ferrari , Neofytos Rodosthenous

One purpose -- quite a few thinkers would say the main purpose -- of seeking knowledge about the world is to enhance our ability to make good decisions. An item of knowledge that can make no conceivable difference with regard to anything we…

人工智能 · 计算机科学 2013-04-12 Henry E. Kyburg

Statistical science (as opposed to mathematical statistics) involves far more than probability theory, for it requires realistic causal models of data generators - even for purely descriptive goals. Statistical decision theory requires more…

其他统计学 · 统计学 2022-06-02 Sander Greenland

Information accounting provides a better foundation for hypothesis testing than does uncertainty quantification. A quantitative account of science is derived under this perspective that alleviates the need for epistemic bridge principles,…

其他统计学 · 统计学 2017-04-26 Grey Nearing , Hoshin Gupta

The past century has seen a steady increase in the need of estimating and predicting complex systems and making (possibly critical) decisions with limited information. Although computers have made possible the numerical evaluation of…

统计理论 · 数学 2017-01-13 Houman Owhadi , Clint Scovel

In statistical inference, uncertainty is unknown and all models are wrong. That is to say, a person who makes a statistical model and a prior distribution is simultaneously aware that both are fictional candidates. To study such cases,…

机器学习 · 计算机科学 2023-02-13 Sumio Watanabe

We live in a world brimming with uncertainty, where we constantly have to make a lot of decisions under incomplete information. We are firm believers that our subjective belief cannot be computed by rigorous mathematical formula; instead…

物理与社会 · 物理学 2023-02-08 Lizhi Xin , Kevin Xin , Houwen Xin

What is Statistics? Opinions vary. In fact, there is a continuous spectrum of attitudes toward statistics ranging from pure theoreticians, proving asymptotic efficiency and searching for most powerful tests, to wild practitioners, blindly…

应用统计 · 统计学 2016-03-17 Konstantin Zuev

The energy system studies include a wide range of issues from short term (e.g. real-time, hourly, daily and weekly operating decisions) to long term horizons (e.g. planning or policy making). The decision making chain is fed by input…

系统与控制 · 电气工程与系统科学 2019-11-26 Alireza Soroudi , Turaj Amraee

A fundamental problem in science is how to make logical inferences from scientific data. Mere data does not suffice since additional information is necessary to select a domain of models or hypotheses and thus determine the likelihood of…

物理学史与哲学 · 物理学 2015-06-17 Moorad Alexanian

Decisions are often based on imprecise, uncertain or vague information. Likewise, the consequences of an action are often equally unpredictable, thus putting the decision maker into a twofold jeopardy. Assuming that the effects of an action…

综合经济学 · 经济学 2022-05-03 Stefan Rass , Sandra König , Stefan Schauer

Supervised machine learning and predictive models have achieved an impressive standard today, enabling us to answer questions that were inconceivable a few years ago. Besides these successes, it becomes clear, that beyond pure prediction,…

The rapid growth and diversity in service offerings and the ensuing complexity of information technology ecosystems present numerous management challenges (both operational and strategic). Instrumentation and measurement technology is, by…

软件工程 · 计算机科学 2012-06-26 Moises Goldszmidt

This special volume of Statistical Sciences presents some innovative, if not provocative, ideas in the area of reliability, or perhaps more appropriately named, integrated system assessment. In this age of exponential growth in science,…

统计方法学 · 统计学 2009-09-29 Sallie Keller-McNulty , Alyson Wilson , Christine Anderson-Cook

Based on decision trees, many fields have arguably made tremendous progress in recent years. In simple words, decision trees use the strategy of "divide-and-conquer" to divide the complex problem on the dependency between input features and…

机器学习 · 计算机科学 2021-01-22 Jinxiong Zhang

The use of science for policy is at the core of a perfect storm generated by the insurgence of several concurrent crises: of science, of trust, of sustainability. The modern positivistic model of science for policy, known as evidence based…

经济学 · 定量金融 2018-08-02 Andrea Saltelli , Mario Giampietro

The ideas of aleatoric and epistemic uncertainty are widely used to reason about the probabilistic predictions of machine-learning models. We identify incoherence in existing discussions of these ideas and suggest this stems from the…

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