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Should we go back to teaching programming?
“I teach statistics to people who don’t want to learn it.” This is my cocktail party response to people who ask what I do for a living. Even though I usually only teach one course a year, it is a quick way to answer the question and get back to drinking. Having faced up to…
Why You Really Ought to Re-Think Older Entrepreneurs
I read some poorly done research the other day that showed a very small number of start-ups that became billion-dollar companies were started by people over 50. As someone else pointed out in the comments to it, that was lacking a key number, the denominator. That is, if people over 50 only started 20 companies,…
Knowing what we don’t know
I knew it! I am finally getting some time to finish reading The Black Swan and I came across this statement, “Makridakis and Hibon reached the sad conclusion that ‘statistically sophisticated or complex methods do not necessarily provide more accurate forecasts than simpler ones’. ” I have thought this for years. Like most of my…
Idiots who annoy me: Spare me from people who want to help small business
Some days, the world seems to be divided into two groups; idiots who annoy me and people I haven’t yet met. The largest group of idiots who annoy me are those that tell me how much they want to help small business. This includes most government agencies at all levels and just about every non-profit…
Interpreting Confirmatory Factor Analysis Output from Mplus
Being able to find SPSS in the start menu does not qualify you to run a multi-nomial logistic regression. This is the kind of comment statisticians find funny that leaves other people scratching their heads. The point is that it’s not that difficult to get output for some fairly complex statistical procedures. Let’s start with…
Today’s Tech Tip: Don’t marry the wrong person
Every blogger gets those emails that begin , “We love your blog …: and end with ” …. over here at spam-a-lot, free-insurance-quotes, on-line college work at home for hundreds of dollars a day.com and …” I almost deleted this one until I read the rest that said … “We’re planning to feature it in…