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The Seven Pillars of Statistical Wisdom (Paperback)
Loot Price: R568
Discovery Miles 5 680
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The Seven Pillars of Statistical Wisdom (Paperback)
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Loot Price R568
Discovery Miles 5 680
Expected to ship within 12 - 17 working days
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What gives statistics its unity as a science? Stephen Stigler sets
forth the seven foundational ideas of statistics-a scientific
discipline related to but distinct from mathematics and computer
science. Even the most basic idea-aggregation, exemplified by
averaging-is counterintuitive. It allows one to gain information by
discarding information, namely, the individuality of the
observations. Stigler's second pillar, information measurement,
challenges the importance of "big data" by noting that observations
are not all equally important: the amount of information in a data
set is often proportional to only the square root of the number of
observations, not the absolute number. The third idea is
likelihood, the calibration of inferences with the use of
probability. Intercomparison is the principle that statistical
comparisons do not need to be made with respect to an external
standard. The fifth pillar is regression, both a paradox (tall
parents on average produce shorter children; tall children on
average have shorter parents) and the basis of inference, including
Bayesian inference and causal reasoning. The sixth concept captures
the importance of experimental design-for example, by recognizing
the gains to be had from a combinatorial approach with rigorous
randomization. The seventh idea is the residual: the notion that a
complicated phenomenon can be simplified by subtracting the effect
of known causes, leaving a residual phenomenon that can be
explained more easily. The Seven Pillars of Statistical Wisdom
presents an original, unified account of statistical science that
will fascinate the interested layperson and engage the professional
statistician.
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