A consensus–but it’s a consensus of uncertainty.
Summary
A new paper on subjectivity and objectivity in Bayesian statistics, along with a 2017 paper by Gelman and Hennig, explores the role of consensus in statistical analysis. Jay Kadane raises a qualm about the emphasis on consensus, arguing it is not always a virtue. He cites his 2011 work on North Atlantic hurricane frequency, where modeling observation probability over time revealed that seemingly innocuous changes to a prior parameter could yield increasing, constant, or decreasing hurricane frequencies. This led to a conclusion of irreducible uncertainty, where consensus on "not knowing" was the appropriate outcome. The discussion extends to election forecasts, specifically the 2024 Economist model, which predicted a 50% chance for each candidate, indicating a highly uncertain but informative outcome. This highlights a common desire for a "consensus of certainty" even when the data supports a consensus of uncertainty.
Key takeaway
For AI Scientists developing predictive models, especially those involving complex historical data or future events, you should embrace and communicate uncertainty as a valid and informative outcome. Do not feel pressured to force a consensus of certainty when your analysis, like the hurricane frequency or election forecast examples, robustly indicates high uncertainty. Your models are more credible when they accurately reflect the limits of what can be known, rather than projecting false precision.
Key insights
Consensus in statistical analysis can appropriately include agreement on uncertainty or "not knowing."
Principles
- Investigate stability of results to prior choices.
- Uncertainty can be an informative outcome.
- Consensus of ignorance is a valid scientific conclusion.
Method
When analyzing time-series data with variable observation capabilities, model the probability of observation as a function of time to account for detection bias.
In practice
- Test prior sensitivity in Bayesian models.
- Communicate uncertainty as a finding.
- Distinguish between certainty and consensus.
Topics
- Bayesian Statistics
- Uncertainty Quantification
- Prior Sensitivity Analysis
- Statistical Consensus
- Election Forecasting
Best for: AI Scientist, Data Scientist, AI Researcher, Research Scientist
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Editorial summary, takeaway, and curation by AIssential. Original article published by Statistical Modeling, Causal Inference, and Social Science.