epub |eng | 2010-03-29 | Author:Kaiser Fung

Some dismiss false negatives as victimless errors. Not true. As Michael Johnson, the superlative sprinter with the golden Nike spikes, wrote, “the athletes who finished behind [the winner who cheated] ...

epub, mobi |eng | 2012-11-05 | Author:Michael J. Mauboussin

Source: Analysis by author. The message that correlation does not equal causality is also relevant. A theory is an explanation of cause and effect, and statistics is a means to ...

epub, pdf |eng | 2011-02-01 | Author:Thomas Sowell [Sowell, Thomas]

Statistical Trends One of the problems with comparisons of national output over some span of time is the arbitrary choice of the year to use as the beginning of the ...

mobi, epub, azw3, pdf |eng | 1900-12-01 | Author:Thomas Sowell

Risk and Time To take an extreme example of how risk can vary over time, while a dollar invested in bonds in 1801 would be worth nearly a thousand dollars ...