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Models

Bias

All else is equal except that one is more equal than the other

The mis-use of "all else being equal" in statistics and
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Blogs

Big Data and Marketing

In Chicago, I spoke about the impact of Big Data on marketing.
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Chapter 5

Statistics as inverse probability

Statistics is sometimes described as inverse probability. In a typical probability problem,
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In search of the honest credit repair shop
Bias

In search of the honest credit repair shop

FTC made the headlines recently complaining about inaccurate consumer credit reports. The
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Bias

The backlash against Big Data has started

It is inevitable that all the hype around "Big Data"
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Blogs

Derman, Rodrik and the nature of statistical models

I just finished Emanuel Derman's new book, "Models Behaving
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