Curve Fitting, the Reliability of Inductive Inference, and the Error-Statistical Approach.

The main aim of this paper is to revisit the curve fitting problem using the reliability of inductive inference as a primary criterion for the 'fittest' curve. Viewed from this perspective, it is argued that a crucial concern with the current framework for addressing the curve fitting problem is, on...

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Published in:Philosophy of Science Vol. 74; no. 5; pp. 1046 - 1067
Main Author: Spanos, Aris
Format: Article
Published: Cambridge University Press Dec2007
Subjects:
Online Access:View this record in EBSCOhost
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        atl: Curve Fitting, the Reliability of Inductive Inference, and the Error-Statistical Approach.
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        au: Spanos, Aris
        affil: Department of Economics, Virginia Tech 3019 Pamplin Hall (0316), Blacksburg, VA 24061
      su:
        Curve fitting
        Graphic methods in statistics
        Statistical correlation
        Numerical analysis
        Smoothing (Numerical analysis)
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          Curve fitting
          Graphic methods in statistics
          Statistical correlation
          Numerical analysis
          Smoothing (Numerical analysis)
      ab: The main aim of this paper is to revisit the curve fitting problem using the reliability of inductive inference as a primary criterion for the 'fittest' curve. Viewed from this perspective, it is argued that a crucial concern with the current framework for addressing the curve fitting problem is, on the one hand, the undue influence of the mathematical approximation perspective, and on the other, the insufficient attention paid to the statistical modeling aspects of the problem. Using goodness-of-fit as the primary criterion for 'best', the mathematical approximation perspective undermines the reliability of inference objective by giving rise to selection rules which pay insufficient attention to 'accounting for the regularities in the data'. A more appropriate framework is offered by the error-statistical approach, where (i) statistical adequacy provides the criterion for assessing when a curve captures the regularities in the data adequately, and (ii) the relevant error probabilities can be used to assess the reliability of inductive inference. Broadly speaking, the fittest curve (statistically adequate) is not determined by the smallness if its residuals, tempered by simplicity or other pragmatic criteria, but by the nonsystematic (e.g. white noise) nature of its residuals. The advocated error-statistical arguments are illustrated by comparing the Kepler and Ptolemaic models on empirical grounds.
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    language: English
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