Andrew Fairless, Ph.D.
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What I Read: Explain or Predict.
Posted on :: Tags: statistics, machine learning, generalization, regularization, ensemble, bias, variance, regression, prediction, causal inference, experiment, economics, epidemiology, psychology, finance

https://arxiv.org/abs/1101.0891
To Explain or to Predict?
Galit Shmueli
5 Jan 2011
"Conflation between explanation and prediction is common.... the statistical literature lacks a thorough discussion of the many differences that arise in the process of modeling for an explanatory versus a predictive goal."