Seconded. Back when I studied this topic for my thesis, the conclusion was not that “improper linear models are great”, but more “experts suck”. And that’s because in cases of repeated predictions, a statistical model is at least going to be consistent, but experts will not be.
Seconded. Back when I studied this topic for my thesis, the conclusion was not that “improper linear models are great”, but more “experts suck”. And that’s because in cases of repeated predictions, a statistical model is at least going to be consistent, but experts will not be.