Assessing predictability of environmental time series with statistical and machine learning models.

The ever increasing popularity of machine learning methods in virtually all areas of science, engineering and beyond is poised to put established statistical modeling approaches into question. Environmental statistics is no exception, as popular constructs such as neural networks and decision trees are now routinely used to provide forecasts of physical processes ranging from air pollution to meteorology. This presents both challenges and opportunities to the statistical community, which could contribute to the machine learning literature with a model-based approach with formal uncertainty quantification.