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armanboyaci | 11 months ago
I totally with this sentence. BUT If you ask for my opinion, merely knowing a list of statistical formulas is not very helpful. Most of the time, people don’t remember the underlying assumptions, so there is a fair chance they will use them in inappropriate situations.
I recommend watching these two YouTube videos. The presenters advocate using simulation/bootstrapping/shuffling methods instead of memorizing formulas.
Jake Vanderplas - Statistics for Hackers https://www.youtube.com/watch?v=Iq9DzN6mvYA
John Rauser - Statistics Without the Agonizing Pain https://www.youtube.com/watch?v=5Dnw46eC-0o
mont_tag|11 months ago
Terr_|11 months ago
Yeah, I often find it much easier to make a little Python script to do 10,000 monte-carlo trial, as opposed to properly" working things out and then not even being confident-enough in my result anyway.
asdff|11 months ago
dapperdrake|11 months ago
wodenokoto|11 months ago
I barely succeeded in any of it. So at that point just look up the formula instead of bootstrapping.
I’ll give the second one a shot too.