Articles

Interesting Article

In Uncategorized on March 13, 2010 by ariew

On statistics and science.  See here.  Nothing terribly new here, but a nice expression of the problems.

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2 Responses to “Interesting Article”

  1. Statistics are often mishandled by pretty much everyone, including statisticians. I recall someone telling me of an instance in which they were explaining the Monty Hall problem to their statistics professor and he just laughed at the suggestion that you should switch choices. I’d say that the worst culprit is the news these days, but I’m going to avoid a tirade for obvious reasons. People are bad at statistics in the same way that they are bad at logic (80% fail the Wason card problem!) and it will continue to be surprising and frustrating for those of us who aren’t.

  2. Another interesting article on evolution in the investment world…

    http://www.psyfitec.com/2010/03/investing-by-jerks.html

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