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Probability distributions are abstractions. No actual data distribution is Normal, though some approach it, I suppose. It is a mathematical shortcut. It can ma
by elchief 13y ago
Probability distributions are abstractions. No actual data distribution is Normal, though some approach it, I suppose.
It is a mathematical shortcut. It can make analysis and computations simpler, thus cheaper. Though it can also destroy economies if you forget that it's an abstraction.
You don't need to use the analytic distributions. You can get by with simulations, bootstrapping, if you have computational horsepower.
- nova 13y agoI recommend Robert Kass' article "Statistical inference: the big picture" for a related point of view on that issue, which should be obvious but it's easily forgotten in practice.
- deleted 13y ago[deleted]