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Nassim Taleb: We should retire the notion of standard deviation

The notion of standard deviation has confused hordes of scientists; it is time to retire it from common use and replace it with the more effective one of mean deviation. Standard deviation, STD, should be left to mathematicians, physicists and mathematical statisticians deriving limit theorems. There is no scientific…
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Math & AlgorithmsScience & Space2014

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Jan 15, 2014Nassim Taleb: We should retire the notion of standard deviation by pyduan248244
May 20, 2016Standard deviation is ready for retirement: Nassim Taleb (2014) by chollida1223120

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