| In what way is neural network not a statistical technique ? very curious to hear about your point of view. Statistics is not linear regression and ANOVA, or whatever catalogue of techniques in a freshman book, not even the library of techniques available in R. Statistics is the application of probability (or more broadly, math) to data. That said statisticians did miss the neural net wave because of their flippant reaction to it. They said, "oh well yet another non-parametric function approximator we have worked out the asymptotics 30 years ago". To paraphrase someone wise: asymptotically we are all dead. Not enough heed was paid to that. Among their other lacks were expertise in algorithms and optimization. Mind you, optimization has been at the core of their craft from their very genesis, its just that they did not feel it important enough to ride the cutting edge of research on optimization. Note: you cannot do maximum likelihood with solving an optimization problem. Gauss was doing it several hundreds of years ago for statistics. If I go on a bit further with my rant, they got a bit carried away with their fetish over bias and asymptotic normality. They missed the wave, sure. But all said and done, by any accepted definition of statistics, NN is very much also statistics. |