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Exactly. Statistics without purpose, ie. as a fishing expedition, is dangerous. Scientists use statistics all the time, but usually under the guidance of hypo
by craigyk 13y ago
Exactly. Statistics without purpose, ie. as a fishing expedition, is dangerous. Scientists use statistics all the time, but usually under the guidance of hypothesis driven experiments. Krugman is merely mentioning that if Nate Silver keeps drawing conclusions based on statistical analysis without a deeper understanding and grounding, it is highly likely that he'll come to some bone-headed conclusions.
The best value of statistical wizardry is when it works alongside domain experts.