The illusion of predictability. How regression statistics mislead experts

*Recommendation
2021
Human side of statistics
Published

May 18, 2021

The authors argue that regression models fail to capture important levels of uncertainty needed for economic decisions.

Emre Soyer, Robin H. Sogarth. The illusion of predictability: How regression statistics mislead experts. International Journal of Forecasting, 2021, 28(3), 695-711. Available in html format.

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