With the click of your mouse you can turn a list of values into a bubble plot. No thought or effort is required. Simply sit back and let the software gods do the heavy lifting of transforming your list of numbers into a fancy graph. What could possibly go wrong?
In the Dec. 22, 2018,...
If Fyodor Dostoyevsky had been a mathematician, he might have written a book called Crime and Statistics. However, since “statistics” doesn’t have quite the same ring as “punishment,” it wouldn’t have sold as well.
But such a book would make a better guide for formulating crime-fighting policy....
“People think that if you collect enormous amounts of data you are bound to get the right answer. You are not bound to get the right answer unless you are enormously smart.” —Bradley Efron
There has been an explosion in new technology for acquiring, storing, and processing data. The “big data”...
Story update 1/15/2019: Thanks to the sharp eye of Dr. Stan Alekman, who spotted an inconsistent value in figure 2, I discovered an error in the program used to construct the table of critical values for the prediction ratio. I have now corrected that problem and updated the entries in the table...
