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The Pain of Anticipation
ByadminIn a recent edition of the New Yorker, the magazine published a story by Dashiell Hammett and one of the paragraphs in that wonderful story nicely captures the way that waiting for something bad to happen can be worse than experiencing that bad thing. In the scene, a group of people stand on the sidewalk…
Who Said Statisticians Were Uninteresting?
ByadminI recently read Sharon Bertsch McGrayne’s The Theory That Would Not Die, which recounts the controversial history of Bayes theorem in the world of statistics. To oversimplify quite a bit, Bayes theorem requires those using it to make an initial guess about, say, the probability that one outcome is more likely than another, and then…
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Why It Is Crucial to Practice Your Sense of Humor Now!
ByadminIn The Theory That Would Not Die, Sharon Bertsch McGrayne brings to life many famous scientists and statisticians, the one of the moments that struck me most was when she described one of those people as he faced his death. That person was Jerome Cornfield, a prominent statistician at the NIH. Cornfield had been diagnosed…
Report from Last Week's World Economic Forum
ByadminLast week, I had the pleasure of participating in what the World Economic Forum founder, Klaus Schwab, described as the planet’s largest brainstorming session. Approximately 700 leading thinkers (and me, too) converged upon Dubai to discuss the greatest economic challenges facing the world, from the current economic crisis to future crises. People from 6 continents…