Statistical Modeling: The Two Cultures

A paper by Dr. Leo Breiman

There are two cultures in the use of statistical modeling to
reach conclusions from data. One assumes that the data are generated by a given stochastic data model. The other uses algorithmic models and treats the data mechanism as unknown....
statistical modeling

In this paper, Breiman reviews:

  • His road map
  • Projects in consulting
  • Return to the university
  • The use of data models
  • The limitations of data models
  • Algorithmic modeling
  • Rashomon and the multiplicity of good models
  • Occam and simplicity vs. accuracy
  • and more!