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We learn that 13 very different looking datasets can all have identical X and Y means, X and Y standard deviations, and correlations. This is very insightful.
by nomilk 5y ago
We learn that 13 very different looking datasets can all have identical X and Y means, X and Y standard deviations, and correlations. This is very insightful.
What are the real world applications and/or implications?
- pfortuny 5y agoImplications: statistics only say very little, data visualization may help understanding. Hidden correlations are a thing. Hidden variabilities too.