
How Is AI Changing the Science of Prediction?
The Joy of Why
Navigating Predictive Analytics: From Statistics to Machine Learning
This chapter explores the evolution of machine learning models in predictive analytics, highlighting their transition from traditional statistical methods to advanced techniques like deep learning. It emphasizes the concept of 'black boxes' in these models and the challenges of interpreting their outputs while discussing the integration of statistical methods to ensure reliable predictions. The chapter also covers the applications of these models in fields such as college admissions and election forecasting, illustrating the importance of prediction intervals and the role of AI in enhancing data analysis.
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