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Yes it really is underappreciated. As quoted by other comments, "Most businesses think they need advanced ML and really what they need is linear regression and
by jefft255 10y ago
Yes it really is underappreciated. As quoted by other comments, "Most businesses think they need advanced ML and really what they need is linear regression and cleaned up data". A significant portion of businesses currently investing millions in ML should basically hire a couple of statisticians and get over it.
- xapata 10y agoTo be fair, the fully loaded cost of a couple statisticians (ones who can code, or combined with an engineer assistant) might be half a million or more annually.