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1/3 While struggling to find a ladder or demarcation lines between rungs, Hand's paper called my attention to a comprehensive article by Shmueli (2010) "To Explain or to Predict?", rich with references and quotes, which states: "Although not explicitly stated in the methodology
2/2 literature, applied statisticians instinctively sense that predicting and explaining are different." projecteuclid.org/download/pdfvi…
Going through the quotes and references in Hand's paper, I believe they confirm Shmueli's verdict: "the statistical literature lacks a thorough
3/3 discussion of the many differences that arise in the process of modeling for an explanatory versus a predictive goal." One may also note that, adding to a "thorough" discussion, the Ladder of Causation provides "formal distinctions" between those differences. #Bookofwhy
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