This is a summary of links featured on Quantocracy on Sunday, 07/03/2016. To see our most recent links, visit the Quant Mashup. Read on readers!
-
Human significance, economic significance and statistical significance [Eran Raviv]We are now collecting a lot of data. This is a good thing in general. But data collection and data storage capabilities have evolved fast. Much faster than statistical methods to go along with those voluminous numbers. We are still using good ole fashioned Fisherian statistics. Back then, when you had not too many observations, statistical significance actually meant something. It does not
