Focused Most Chance Estimation (TMLE) helps you clarify patterns the place different strategies fall quick
Neural networks can spot patterns, correlations, and developments with gorgeous accuracy. However in relation to answering ‘Why did this occur?’ they’re as clueless as a parrot mimicking human speech.
They’ll offer you predictions, positive — however strive asking them for a proof, and also you’ll be left observing a black field.
This limitation isn’t distinctive to neural networks. Correlation-based strategies like linear regression and even superior instruments like Propensity Score Matching can not get to the core of causation-based developments in complicated knowledge. That could be a drawback when decision-makers (learn: your managers) demand actionable enterprise insights and never geeky stats that solely make nerds pleased.
Liable to contradicting myself, right here’s a really geeky topic for you: Focused Most Chance Estimation (TMLE). The factor is, TMLE is one of the best of each worlds. It permits you to mess around with numbers as a lot as your nerdy mind needs, but it surely additionally makes your managers pleased by producing enterprise insights.
Basically, you get the rigor of causal inference plus the pliability of machine studying, This…
