Tag: statistics

28 Apr 2008

Morally Invalid Statistical Predictors

Not enough discrimination?
Aleks pointed me to this article by Stan Liebowitz on the recent financial crisis:

At the crisis’ core are loans that were made with virtually nonexistent underwriting standards - no verification of income or assets; little consideration of the applicant’s ability to make payments; no down payment. Most people instinctively understand that such loans [...]

12 Apr 2008

Med Stats Aren’t that Bad, Are They?

I mentioned the other day that I have been far from impressed by the statistical savvy of much of the biology and medical communities. Way, WAY too many statistics are thrown at the medical community for their level of statistical training.[1]  Even then, this seems like this is something they should catch. On the other [...]