Suspicious data pattern in recent Venezuelan election
Here’s a little “fake stats in the wild” gem that I think you and your followers will find at the least somewhat amusing.
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Here’s a little “fake stats in the wild” gem that I think you and your followers will find at the least somewhat amusing.
A traditional subjective Bayesian will assume a data generating distribution (aka a likelihood when viewed as a function of the parameters). Then, conditional on this assumption, they encode their prior beliefs as a prior distribution over parameters. After this, they turn the crank on posterior inference and don’t…
I wanted to share the attached paper on choice prediction that I recently co-authored with Itamar Simonson in case it’s of interest.
Erik van Zwet, Sander Greenland, Guido Imbens, Simon Schwab, Steve Goodman, and I write :
Prompted by your blog post this morning, I attach a plot from Figure 3 of They Still Haven’t Told You showing overnight and intraday returns to AIG (with logarithmic vertical scale, updated with data through the end of October).
We’ve been writing a bit about some odd tail behavior in the Fivethirtyeight election forecast, for example that it was giving Joe Biden a 3% chance of winning Alabama (which seemed high), it was displaying Trump winning California as in “the range of scenarios our model thinks is possible” (which didn’t seem right)…
Harvard Magazine printed the following chart that confirms a trend in undergraduate majors that we all know about: students are favoring STEM majors at the expense of humanities.
My problem is not just with the methods—although I do have problems with the method—but also with the ideology.
It’s funny. I’m the statistician, but I’m more skeptical about statistics, compared to these renowned scientists.
This is Jessica. In my Prediction for Decision-making class last quarter we talked about human predictions and decisions relative to algorithmic ones. This led to a discussion about why it’s often hard to demonstrate the value of human knowledge once you have a decent statistical model.
We have a comment coming out in Nature next week that is going to cause the retraction of a high-profile paper by Kotz et al. from last year (the second most cited climate paper in the news in 2024).
I am an economist at the Federal Trade Commission with a very basic statistics question, one that I have put to several fairly high-powered econometricians, and to which no one has had a satisfying answer.
Every philosophy has holes, and it is the responsibility of proponents of a philosophy to point out these problems. Here are a few holes in Bayesian data analysis: (1) the usual rules of conditional probability fail in the quantum realm, (2) flat or weak priors lead to terrible inferences about things we care about…