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- W4313305467 abstract "Rigorous guarantees about the performance of predictive algorithms are necessary in order to ensure their responsible use. Previous work has largely focused on bounding the expected loss of a predictor, but this is not sufficient in many risk-sensitive applications where the distribution of errors is important. In this work, we propose a flexible framework to produce a family of bounds on quantiles of the loss distribution incurred by a predictor. Our method takes advantage of the order statistics of the observed loss values rather than relying on the sample mean alone. We show that a quantile is an informative way of quantifying predictive performance, and that our framework applies to a variety of quantile-based metrics, each targeting important subsets of the data distribution. We analyze the theoretical properties of our proposed method and demonstrate its ability to rigorously control loss quantiles on several real-world datasets." @default.
- W4313305467 created "2023-01-06" @default.
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- W4313305467 date "2022-12-27" @default.
- W4313305467 modified "2023-09-23" @default.
- W4313305467 title "Quantile Risk Control: A Flexible Framework for Bounding the Probability of High-Loss Predictions" @default.
- W4313305467 doi "https://doi.org/10.48550/arxiv.2212.13629" @default.
- W4313305467 hasPublicationYear "2022" @default.
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