Reposted by Harry Cheon
In a new paper, I try to resolve the counterintuitive evidence of Meehl’s “clinical vs statistical prediction” problems: Statistics only wins because the game is rigged.
arxiv.org
The Actuary's Final Word on Algorithmic Decision Making
Paul Meehl's foundational work "Clinical versus Statistical Prediction," provided early theoretical justification and empirical evidence of the superiority of statistical methods over clinical judgmen...
