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The protected classes are not protected because the data is somehow statistically not significant or cannot be a predictor. The classes are protected because as
by sologoub 8y ago
The protected classes are not protected because the data is somehow statistically not significant or cannot be a predictor. The classes are protected because as a society, we have decided that greater social good is achieved by sacrificing these predictors.
The question is then what is it that you are after with this prediction? Max profit or max social good with enough profit.
- darawk 8y agoMy point is that lots of things correlate with race. Almost any conceivable variable you could devise to predict loan defaults correlates with race. Gender and age are maybe the only two things I can think of that almost certainly don't correlate with race (although African Americans do tend to die earlier so...age might be out). Given that, what standard can you realistically use here?