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Statistical rules of thumb Gerald van Belle
Publisher: Wiley

Well, if we don't do a little statistics, then we don't know for sure, and we're just practicing faith-based marketing. Statistical Rules of Thumb - Books24x7.com - Referenceware for Professionals: "Being proactive does not imply perfection. Rules of thumb can be very helpful, but they are often pretty coarse. (note: I live in CA, so get no money from these Amazon links). A site dedicated to reporting out references for the common rules of thumb we often talk about but rarely remember who said it. THE PROS AND CONS OF TEACHING HEURISTICS FOR STATISTICS. The P-Value: What it Really Means. I always hear numbers thrown out about what you SHOULD be spending on various things. The Rule-Of-Thumb Personal Budget: 4-6-10-25-33. As I perused Statistical Rules of Thumb again, as I do from time to time, I came across this gem. As a rule of thumb, this means that your sample size multiplied by your proportion estimate is greater than ten, and that your sample size multiplied by the opposite of your proportion estimate is also greater than ten. Statistical Rules of Thumb - Books24x7.com - Referenceware for Professionals. All smart statisticians use rules of thumb. As someone who uses statistical models to do the kind of forecasting he seems to be proposing, I couldn't help but wonder: Why stop halfway? The P-value is one of the biggest sources of confusion in statistics, and it's not uncommon for researchers to use the wrong definition: not when they compute it, but when they think about it.