The Flaw of Averages

[George Duncan]

I thought this was interesting. Perhaps this web site is already known to
the FRIAM group, but if not here it is.

http://www.stanford.edu/~savage/flaw/

Cheers, George

--
George T. Duncan
Professor of Statistics
Heinz School of Public Policy and Management
Carnegie Mellon University
Pittsburgh, PA 15213
[phone]
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://redfish.com/pipermail/friam_redfish.com/attachments/20060217/bb8acbd7/attachment.htm

[Bruce Sawhill]

Sounds like he makes money off of teaching people about Gambler's  
Ruin and leptokurtosis (fat tails).

Bruce


On Feb 17, 2006, at 2:53 PM, George Duncan wrote:

> I thought this was interesting. Perhaps this web site is already  
> known to the FRIAM group, but if not here it is.
>
> http://www.stanford.edu/~savage/flaw/
>
> Cheers, George
>
> --
> George T. Duncan
> Professor of Statistics
> Heinz School of Public Policy and Management
> Carnegie Mellon University
> Pittsburgh, PA 15213
> [phone]
> ============================================================
> FRIAM Applied Complexity Group listserv
> Meets Fridays 9a-11:30 at cafe at St. John's College
> lectures, archives, unsubscribe, maps at http://www.friam.org

-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://redfish.com/pipermail/friam_redfish.com/attachments/20060217/f4c6d3f9/attachment.htm

[Tom Johnson]

Savage did some nice work with re-sampling a couple years back.

-tj

On 2/17/06, George Duncan <gd17 at andrew.cmu.edu> wrote:

>
> I thought this was interesting. Perhaps this web site is already known to
> the FRIAM group, but if not here it is.
>
> http://www.stanford.edu/~savage/flaw/<http://www.stanford.edu/%7Esavage/flaw/>
>
> Cheers, George
>
> --
> George T. Duncan
> Professor of Statistics
> Heinz School of Public Policy and Management
> Carnegie Mellon University
> Pittsburgh, PA 15213
> [phone]
>
> ============================================================
> FRIAM Applied Complexity Group listserv
> Meets Fridays 9a-11:30 at cafe at St. John's College
> lectures, archives, unsubscribe, maps at http://www.friam.org
>
>

--
==============================================
J. T. Johnson
Institute for Analytic Journalism
www.analyticjournalism.com
505.577.6482(c)                                 505.473.9646(h)
http://www.jtjohnson.com               tom at jtjohnson.com

"You never change things by fighting the existing reality.
To change something, build a new model that makes the
existing model obsolete."
                                                   -- Buckminster Fuller
==============================================
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://redfish.com/pipermail/friam_redfish.com/attachments/20060217/42a4a8aa/attachment.htm