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Publication Detail
How Accurate Are Expert Estimations of Correlation?
  • Publication Type:
  • Authors:
    Beer M, Gong Z, Diaz De La OFA, Kreinovich V
  • Publisher:
  • Publication date:
  • Pagination:
    1, 9
  • Published proceedings:
    2017 IEEE Symposium Series on Computational Intelligence, SSCI 2017 - Proceedings
  • Volume:
  • ISBN-13:
  • Status:
  • Name of conference:
    2017 IEEE Symposium Series on Computational Intelligence (SSCI)
  • Conference place:
    Honolulu, HI, USA
  • Conference start date:
  • Conference finish date:
© 2017 IEEE. In many practical situations, it is important to know the correlation between different quantities - finding correlations helps to gain insights into various relationships and phenomena, and helps to inform analysts. Often, there is not enough empirical data to experimentally determine all possible correlations. In such cases, a natural idea is to supplement this situation with expert estimates. Expert estimates are rather crude. So, to decide whether to act based on these estimates, it is desirable to know how accurate are expert estimates. In this paper, we propose several techniques for gauging this accuracy.
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