MCMC: No, Not a Musical Trend
September 28, 2016
If you wonder why a Grand Canyon exists between the people who offer point-and-click statistical analysis and the folks who “do” the math, you will want to read “Markov Chain Monte Carlo Without All…” When you read the source document, keep in mind that selecting an icon and generating a report is like using an automatic teller machine. Punching buttons delivers an output. The inner workings of the system are not visible. User friendly, embedded business intelligence systems are like the chrome trim on a door stop.
Stephen E Arnold, September 28, 2016