Category: Fancy Stats

A Series On Fancy Statistics and My Own Methods of Analysis.
The DePalma Coefficient.

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Fancy Stats: The Good, The Bad, and The Ugly

I have a love-hate relationship with statistics. I always did well in statistics classes, and have excelled at applying and developing ways to measure business performance in my career. But statistics for me can be frustratingly inexact. You attempt to find correlation in data sets that appear disparate in order...