Tweeted By @f2harrell
Optimum decision making in presence of uncertainty comes from probabilistic thinking. The relevant probs. are of a predictive nature: P(the unknown | the known). Thresholds are not helpful and are completely dependent on the utility/cost/loss function. https://t.co/Z4UNlyWZPx
— Frank Harrell (@f2harrell) August 3, 2018