Oct 01
Harvard professors paid to show sugar is better than fat by sugar industry in the 60s https://www.statnews.com/2016/09/12/sugar-industry-harvard-research/ 90% of finance research in top journal no one can replicate – yes 90% of #s are questionable at best in this journal: https://en.wikipedia.org/wiki/Journal_of_Money,_Credit_and_Banking Less than 10% artice results can be replicated. ?2 out of 2 …
Apr 23
This is so true about product and marketing. Another video on numbers. ?This is about being better than your competition. ?So much better than those around you that you don’t need to compete for business. I remember when I moved to Bangkok Thailand years ago, over a decade, going out and networking with other foreigners …
Mar 24
This video is for my business minded students. I view most things as a numbers game. Well I am a numbers guy at heart after all I did get my Ph.D. in statistics. ?When it comes to creating an online business I view it in the same way. This one is on how to create …
Mar 21
PSPP is a free software like SPSS – now IBM PASW. Many people like SPSS/PASW, though it is expensive for a student or people wanting to learn statistics on their own. ?There is R but for some PSPP maybe a better choice. ?This software seems to be more user friendly than R. ?Especially for …
Mar 19
This is part 2 of using statistics for trading stocks with a focus on moving averages. This covers simple moving averages and exponential moving averages. Note that he discusses using these techniques in the video in conjunction with other techniques.? I agree, would be nice if life were that simple and just a simple moving …
Mar 19
So do you wanna make money? Ever try trading stocks?? Now, have you ever tried using statistics to help your trading and improve your buying and selling strategy?? This example is one of a 2 part video lesson. This one focuses one two different statistics simple moving averages, and exponential moving averages.? This is a …
Mar 17
This is an awesome video demonstrating the power of visualization. Wouldn’t it be great if all statistical presentations could be shown this way. ? One thing I wounder about is what about inflation? ?Was it incorporated into these numbers? Regardless, this is the power of a great presentation. ?It tells a story in such a …
Mar 15
A statistician and a marketer both speaking English but yet completely different languages. I love this video. ?Sadly as the business majors be it in marketing, finance or whatever tend to decide on hiring and firing it is up to the nerds, I mean statisticians and data analysts to learn the language of the …
Mar 15
This is a cool video on why statisticians and data analysts will be more and more in demand. I really enjoyed this video by Hal Varian chief economist of Google. ?I have my degrees in statistics so of course I am biased. ?That said, I teach many MBA and Business Ph.D. students and tell them …
Mar 14
Should the Y-axis always be zero in graphs? This is good post though unfortunately a bit misleading in my opinion. ?Excel often sets the Y-Axis to something non-zero. ?Thus although at times it is okay, many without statistical knowledge just use the default. Yes a picture is worth a thousand words and if made properly …