Statistical rules of thumb by Gerald van Belle

Statistical rules of thumb Gerald van Belle ebook
Format: pdf
Page: 305
Publisher: Wiley
ISBN: 0470144483, 9780470144480

Taleb's rules of thumb on trader risk management, which I have quoted in full below. 7- The greatest inferential mistake: "This event never happens in my market. The Fed believes that demographic changes have lowered the amount of job creation needed to keep the A rule of thumb on Wall Street is that it takes about 150,000 jobs a month to keep up with the growth in the labor force and thereby keep the unemployment rate steady. Publisher: Wiley-Interscience Page Count: 248. A week ago, I showed you the risk profile graph for our 10K Bear portfolio. Some other small sample rules of thumb like the “flip flop” test and “shortfall less than 1” rule were also considered, but didn't seem to be given substantial weight. Sensibly organized for quick reference, Statistical Rules of Thumb, Second Edition compiles simple rules that are widely applicable, robust, and elegant, and each captures key statistical concepts. Testing A Statistical Rule of Thumb. There are a lot of quality consultants out there touting "quick and dirty" statistical methods: easy ways to get an answer without all that inconvenient math. My fascination with his ideas led me to DerivativesStrategy.com which published Mr. Download Statistical Rules of Thumb Wiley Series in Probability and Statistics by Gerald van Belle – 5 Star Review PDF Summary: Good scientists learn early on not to do everything by the book. Greg Ip at the Wall Street Journal on the interpretation of employment statistics. Last week was the worst week for the market in over two months. 6- Never let a day go by without studying the changes in the prices of all available trading instruments. Language: English Released: 2002. (Remember the sampling statistics rule of thumb of 2=4 that I have explained before wherein a halving of confidence interval error rate, say from 3% to 1.5%, requires a quadrupling of [] Reply. Statistical Rules of Thumb, part II · Rexer Analytics data mining survey · Predictive Models are not Statistical Models — JT . As explained by Moneyball author Michael Lewis, “one statistical rule of thumb in basketball is that a team leading by more points than there are minutes left near the end of the game has an 80% chance of winning. With genome-scale data it's easy to achieve statistical "significance" but is it biologically significant? GO Statistical Rules of Thumb (Wiley Series in Probability and Statistics) Author: Gerald Van Belle Type: eBook. You will build an instinctive inference that is more powerful than conventional statistics. But the Fed's view is that “equilibrium” job growth is only 110,000 per month. In my semi-ongoing series of "things I wished .