Speaking of Tom Sargent, check out his latest at http://www.quant-econ.net/. (Thanks to Frank DiTragila for forwarding a few days ago.) Python features prominently...

Speaking of Tom Sargent, check out his latest at http://www.quant-econ.net/. (Thanks to Frank DiTragila for forwarding a few days ago.) Python features prominently...

In a post about “rich whiners,” Matthew Yglesias argues that what richies really want is respect. Yglesias writes: I think rich businessmen would be happier if we could go back to 1950s-style, more egalitarian distribution of pre-tax income. The richest people around would still be the richest people around, and as the richest people around […]The post Would today’s captains of industry be happier in a 1950s-style world? appeared first…

I'm so bored with the endless Larry and Janet show. Finally some real wisdom, from John Cochrane. Tom Sargent has my vote!

Stephen Senn Head, Methodology and Statistics Group, Competence Center for Methodology and Statistics (CCMS), Luxembourg “Open Season” The recent joint statement(1) by the Pharmaceutical Research and Manufacturers of America (PhRMA) and the European Federation of Pharmaceutical Industries and Associations(EFPIA) represents a further step in what has been a slow journey towards (one assumes) will be […]

Eoin Lawless wrote me: I’ve been reading your blog (and John Kruschke‘s) for several months now, as a result of starting to learn Bayesian methods from Doing Bayesian Data Analysis [I love the title of that book! --- ed.]. More recently I completed a Coursera course on Data Science. I found learning through the medium […]The post A locally organized online BDA course on G+ hangout? appeared first on Statistical…

Note: This is part 1 of a three-part response to an important article that appeared in the New York Times this month. Doping in elite sports has become a taboo topic in sports circles as no one wants to kill the golden egg. This article will prove to be an important reference. *** Tim Rohan's article is a must-read for anyone who cares about the sanctity of sports (link). I…

Last week I presented two talks at the University of Wisconsin at Milwaukee, which has established a new Graduate Certificate in Applied Data Analysis Using SAS. While in Milwaukee, I ran into an old friend: the ODS LISTING destination. One of my presentations was a hands-on workshop titled Getting Started [...]

The Beta distribution (and more generally the Dirichlet) are probably my favorite distributions. However, sometimes only limited information is available when trying set up the distribution. For example maybe you only know the lowest likely value, the highest likely value and the median, as a measure of center. That information is sufficient to construct a […]

Editor's note: This is a repost of a previous Simply Statistics column that seems to be relevant again in light of Marie Davidian's really important column on the peer review process. You should also check out Yihui's thoughts on this, … Continue reading →

In my article about implausible p-values in psychology studies, I wrote: “Women Are More Likely to Wear Red or Pink at Peak Fertility,” by Alec Beall and Jessica Tracy, is based on two samples: a self-selected sample of 100 women from the Internet, and 24 undergraduates at the University of British Columbia. . . . […]The post Does it matter that a sample is unrepresentative? It depends on the size…

In which the relationship (if any) between GDP growth and government debt forms a bridge between causal inference and time series analysis. Assignment, debt.csv Update, 2 May: I have given up on posting solutions, but in this case I will make an exc...

What time series are. Properties: autocorrelation or serial correlation; other notions of serial dependence; strong and weak stationarity. The correlation time and the world's simplest ergodic theorem; effective sample size. The meaning of ergodici...

In which we are devoted to two problems of political economy, viz., strikes, and macroeconomic forecasting. Assignment; macro.csv Advanced Data Analysis from an Elementary Point of View

Attention conservation notice: Navel-gazing about teaching. Well, that was exhausting. Everything seemed to take me at least as much effort and time as the year before, despite recycling a lot of material. There continues to not be enough manpower ...

It's that time of year again: 36-350, Statistical Computing Description: Computational data analysis is an essential part of modern statistics. Competent statisticians must not just be able to run existing programs, but to understand the principles ...

Introduction to the course: statistical programming for autonomy, honesty, and clarity of thought. The functional programming idea: write code by building functions to transform input data into desired outputs. Basic data types: Booleans, integers, ...