Week 10 - Class 1 Flashcards
1
Q
Why do linear models out predict people?
A
People are poor at combing information from diverse sources.
2
Q
When it comes to bootstrapping, who does better: the judge or the model of the judge?
A
The model.
3
Q
Why is it that the model of the judge is better than a judge?
A
Judges have intuition which helps them, but people are inconsistent.
4
Q
Was an equal-weighting linear model accurate?
A
Yes.
5
Q
Why do we need linear models?
A
They integrate diverse sources of information.
