Tag: statistics

Freakonomics and Your Data

In the August, 2005 issue of BusinessWeek, Michael Hopkins explored the best…

knowwareman knowwareman 6 Min Read

The Human Factor Continually Confounds Probability Models

With four weeks to go in the 2011 Major League Baseball season,…

paulbarsch paulbarsch 3 Min Read

Business People Are Dumb On Average(s)

Here’s one real-life example of the limits in quantitative thinking observed in…

Timo Elliott Timo Elliott 7 Min Read

“Average” Statistics that Bruise Our Ears

The term “on average” denotes the usual amount of something. However, using…

paulbarsch paulbarsch 4 Min Read

Squealer Pig’s Persuasive (Mis)Use of Statistics

Animal Farm’s Squealer Pig was always proficient at rattling off compelling statistics…

paulbarsch paulbarsch 3 Min Read

Newsflash: Correlation is Not a Cause!

Just about every data scientist and statistician knows that correlation doesn’t necessarily…

paulbarsch paulbarsch 5 Min Read

The “decline effect,” random variation, and evidence-based marketing

There’s an interesting article by Jonah Lehrer in the Dec.

DavidBakken DavidBakken 7 Min Read

The language of Statistics

R is the lingua franca of Statistics: R code and R packages…

DavidMSmith DavidMSmith 1 Min Read

Conditional probability: an easier way

Conditional probabilities are bane of many students of Statistics, but statements of…

DavidMSmith DavidMSmith 5 Min Read

Patterns patterns everywhere

Introduction A lot of human scientific and technological progress over the span…

Peter James Thomas Peter James Thomas 17 Min Read