"Ignoring Statistics means you aren't learning from the wisdom of others." Chris Howden "Statisticians are data scientists by definition but data scientists do not [all] have ... training." Daniele Medri Myth #2: Statisticians (and other quants), work within 'traditional statistics The myth that statisticians only practice within 'traditional statistics' removes or … [Read more...] about Why Statisticians Not Only Practice Within Traditional Statistics
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Statistics Denial, Myth #1: Traditional Techniques Straw Man
"You cannot reason people out of a position that they did not reason themselves into." Ben Goldacre, Bad Science "It's all in the algorithm" Dr. Rodney Mckay, Stargate Universe Myth #1: Statistics consists of only certain 'traditional' techniques or those from STAT 201 The current buzz about big data and data science is generating interest and a sense of urgency. However, … [Read more...] about Statistics Denial, Myth #1: Traditional Techniques Straw Man
Applied Statistics Is A Way Of Thinking, Not Just A Toolbox
"I think, I probably am." Kevin Gray Applied statistics provides our way of thinking and our approach to extracting the most information from numbers with uncertainty. It emphasizes an understanding of the problem or industry. Applied statistics follows a process that folds together the domain and statisticsin the vein of Deming or Six Sigma. The point is that even if we … [Read more...] about Applied Statistics Is A Way Of Thinking, Not Just A Toolbox
The Ultimate Battle: R vs Python; Which is Better for Data Analysis?
Data analysis is of course an important part of Big Data. Analyzing your data streams and combining different data sources for new insights can be done with a variety of tools and programming languages. Which programming language or tool is the right tool for the job at hand? That is an important question and especially for newbie data analysts it is difficult to determine … [Read more...] about The Ultimate Battle: R vs Python; Which is Better for Data Analysis?
Statistics Denial, Statistics Debacles & The Coming Flood Of Statistical Malfeasance
"The three credit rating agencies were key enablers of the financial meltdown. The mortgage-related securities at the heart of the crisis could not have been marketed and sold without their seal of approval" Financial Crisis Inquiry Commission "You're not a Real Man unless you see everything in black and white." Kevin Gray There is a flood of statistical malfeasance heading … [Read more...] about Statistics Denial, Statistics Debacles & The Coming Flood Of Statistical Malfeasance
