ENBIS-16 in Sheffield
11 – 15 September 2016; Sheffield
Abstract submission: 20 March – 4 July 2016
George Box Award: David Hand. Award Talk on "Models and Misunderstanding: Statistics, Data Science and Big Data in the Modern World"
12 September 2016, 08:50 – 09:50
- Submitted by
- David Hand
- David J. Hand (Imperial College London)
- I use George Box’s famous observation that all models are wrong, but some are useful as a framework through which to explore approaches to analysing data. In particular, there are two distinct types of statistical models and, although the distinction is rarely taught in statistics courses, an appreciation of the difference can be useful in statistical modelling and understanding. Different model types are best suited for tackling different kinds of problems. Modern data science, however, and proponents of ‘big data’ in particular, tend to focus on just one of the types, with the consequence that mistakes can be made. Some examples are given.
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