Quote to Note: Statistics May Spoil Like Bananas
April 13, 2018
I noticed this synopsis for a talk by Andrew Gelman, a wizard who teaches at Columbia University. You can find the summary in “Do Statistical methods Have an Expiration Date?” Here’s the quote I noted:
The statistical methods which revolutionized science in the 1930s-1950s no longer seem to work in the 21st century. How can this be? It turns out that when effects are small and highly variable, the classical approach of black-box inference from randomized experiments or observational studies no longer works as advertised.
What happens when these methods are bolted into next generation data analytics systems which humans use to make decisions? My great uncle (Vladimir.I. Arnold and his co worker Andrey Kolmogorov could calculate an answer I assume?)
Stephen E Arnold, April 13, 2018
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