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What about teaching non-parametric statistics, like the use of Concentration Inequalities? See https://scottaaronson.blog/?p=3712 https://scottaaronson.blog/?p=
by ogogmad 4y ago
What about teaching non-parametric statistics, like the use of Concentration Inequalities? See https://scottaaronson.blog/?p=3712 https://scottaaronson.blog/?p=3712 and https://en.wikipedia.org/wiki/Concentration_inequality https://en.wikipedia.org/wiki/Concentration_inequality.
Hoeffding's inequality, Chebyshev's inequality, and Chernoff's inequality are broadly applicable, and are therefore less likely to be misused. They also don't require philosophical assumptions about subjective probabilities.
In the theory of Multi-Armed Bandit algorithms, compare the Bayesian approach (Thompson sampling) with the Concentration Inequality approach (the UCB algorithm). The former assumes that payoffs are in the 2-element set {0,1}, while the latter allows payoffs to be in the interval [0,1].
I think Bayesian is cool, but it imposes a big burden with choosing sensible priors.
- johnmyleswhite 4y agoThose inequalities often produce confidence intervals that are excessively conservative.
- ogogmad 4y agoProvide details. I don't know what "excessive" means here. They're going to be at least a bit conservative because they apply to more situations, but that's obvious.
- deleted 4y ago[deleted]