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Aggregating human judgment probabilistic predictions of COVID-19 transmission, burden, and preventative measures
Allison Codi1, Damon Luk1, David Braun1
1College of Health, Lehigh University, Bethlehem, Pennsylvania, United States of America.
Abstract:
Aggregated human judgment forecasts for COVID-19 targets of public health importance are accurate, often outperforming computational models. Our work shows aggregated human judgment forecasts for infectious agents are timely, accurate, and adaptable, and can be used as tool to aid public health decision making during outbreaks.
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Prediction Intervals
However, the point estimate is most likely not the exact value of the population parameter, but close to it. After calculating point estimates, we construct interval estimates, called confidence intervals or prediction intervals. This prediction interval comprises a range of values unlike the point estimate and is a better predictor of the observed sample value, y.
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