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Clients want to know “What is true?”, while statistical tests offer the likelihood that a relationship in the data could have been “caused by random error.” The fact that the question and answer don’t line up is usually responded to by quoting textbook doctrine about what statistics can demonstrate and is then followed by adopting […]
November 17, 2010
You’re working on the MAIN MODEL. The one that leverages half the company’s assets, and on which your paycheck and that of many others depends. You’ve already run through a stepwise, forward, and backward search of the variables, their interactions, and possible curvatures. What are the most productive things to do next? Here are a […]
September 4, 2013
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