S1 Appendix -

<div><p>How much information does a dataset contain about an outcome of interest? To answer this question, estimates are generated for a given dataset, representing the minimum possible absolute prediction error for an outcome variable that any model could achieve. The estimate is produced using a constrained omniscient model that mandates only that identical observations receive identical predictions, and that observations which are very similar to each other receive predictions that are alike. It is demonstrated that the resulting prediction accuracy bounds function effectively on both simulated data and real-world datasets. This method generates bounds on predictive performance typically within 10% of the performance of the true model, and performs well across a range of simulated and real datasets. Three applications of the methodology are discussed: measuring data quality, model evaluation, and quantifying the amount of irreducible error in a prediction problem.</p></div>

Publication Details

Journal
Figshare
Published
2024-10-16
DOI
https://doi.org/10.1371/journal.pone.0296904.s001
Primary Topic
Statistical Methods and Inference
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

S1 Appendix -

Figshare
Statistical Methods and Inference
article

S1 Appendix -

article en

Abstract

<div><p>How much information does a dataset contain about an outcome of interest? To answer this question, estimates are generated for a given dataset, representing the minimum possible absolute prediction error for an outcome variable that any model could achieve. The estimate is produced using a constrained omniscient model that mandates only that identical observations receive identical predictions, and that observations which are very similar to each other receive predictions that are alike. It is demonstrated that the resulting prediction accuracy bounds function effectively on both simulated data and real-world datasets. This method generates bounds on predictive performance typically within 10% of the performance of the true model, and performs well across a range of simulated and real datasets. Three applications of the methodology are discussed: measuring data quality, model evaluation, and quantifying the amount of irreducible error in a prediction problem.</p></div>

Figshare
Openalex Percentile: Top 60%
Statistical Methods and Inference
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.