# Category: Class – Applied Statistics

## Taleb’s Curious Views On Probability — Part II: Skin in the Game

Read Part I It is in one sense fortunate that the mathematical, or rather quantitative, roots of probability began with gambling. Routine gambles are easy to understand, and the calculations not only […]

## Taleb’s Curious Views On Probability — Part I: Probability Does Not Exist

Ye Olde Statistician points us to an essay (a book chapter?) by our old pal Nassim Nicholas Taleb called “The Logic of Risk Taking“. Let’s examine it. You, dear reader, do not […]

## Example Of How To Eliminate P-values & Their Replacement

Many, many more details are available in Uncertainty: The Soul of Modeling, Probability & Statistics and at this page. Last time we learned that the way to do probability models was this: […]

## Free Statistics Class: Predictive Case Study 1, Part II

Review! We began our first predictive analysis, and spent a lot of time with it. But we still haven’t got to the main question! And that is how it should be. Since […]

## Free Statistics Class: Predictive Case Study 1, Part I

Regular readers know Uncertainty proposes we go back to the old way of examining and making conclusions about data, and eschew many innovations of the 20th Century. No p-values, no tests, no […]