Understanding Moments
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Understanding Moments
Understanding does not proceed simply from examining data; it comes from examining data in a particular context. Data is useless until we know what it means. To understand its meaning, we need not only to ask the right question; we also need the appropriate instruments with which to measure the data in a meaningful process of sorting and descriptio
... See moreThere are three important aspects of probability that we need to explain so you can integrate them into your thinking to get into the ballpark and improve your chances of catching the ball: Bayesian thinking Fat-tailed curves Asymmetries
There are three important aspects of probability that we need to explain so you can integrate them into your thinking to get into the ballpark and improve your chances of catching the ball: Bayesian thinking Fat-tailed curves Asymmetries
such as the Kolmogorov-Smirnov test, the meaning of which, I have to admit, I had forgotten. (It’s a way to determine whether a model correctly fits data.)