Breiman's "Two Cultures" Revisited and Reconciled
Subhadeep,
Mukhopadhyay and
Kaijun Wang
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Subhadeep: DEEP
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Abstract:
In a landmark paper published in 2001, Leo Breiman described the tense standoff between two cultures of data modeling: parametric statistical and algorithmic machine learning. The cultural division between these two statistical learning frameworks has been growing at a steady pace in recent years. What is the way forward? It has become blatantly obvious that this widening gap between "the two cultures" cannot be averted unless we find a way to blend them into a coherent whole. This article presents a solution by establishing a link between the two cultures. Through examples, we describe the challenges and potential gains of this new integrated statistical thinking.
Date: 2020-05
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2005.13596
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