Jelle de Jong writes in to ask: Working as a quant analyst in finance I recently got interested in the Briggsian/Jaynesian/Bayesian interpretation of probability but am still struggling a bit…
McKibben's Folly Suppose it is true that we have E = "A six-sided object, just one side of which is labeled 6, and when tossed only one side will show."…
Probability is screwy, and we statisticians do a horrible, rotten job of teaching it. The first thing students learn in normal statistics classes is about "measures of central tendency" or…
The OFloinn put up a most readable and recommended essay When is Weather Really "Climate"? and in one of the comments a reader named Gyan in part said: Many economists…
The Episcopals, like many other old guard protesting religions, are in trouble. Jay Akasie tells us that at this year's annual conclave, the Episcopalian leadership had their most serious discussions…
Since we have spent the weekend with these matters, I thought it appropriate to include the first part of the Introduction to the new book I've been working on. It…
Yesterday we looked at NCDC's claim that the 13-month stretch of "above-normal" temperatures had only a 1 in 1.6 million chance of occurring. Let's today clarify the criticism. The NCDC…