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Daily Archive March 1st, 2006

Wily regression to the mean

Filed in Encyclopedia
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AN EASY MANAGEMENT MISTAKE TO MAKE Regression to the mean is like the cicada, just as you forget about it, you hear its buzz. The man who taught DSN the history of statistics, Prof. Steve Stigler of the University of Chicago, said this of it: “Galton’s completion of his discovery of this phenomenon [regression to […]