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Statistical rules of thumb Gerald van Belle
Publisher: Wiley

He says this literally, but don't forget that you can also reduce dimensionality with super special and magical statistical methods. As someone who uses statistical models to do the kind of forecasting he seems to be proposing, I couldn't help but wonder: Why stop halfway? Going to end up with a big mess. Testing A Statistical Rule of Thumb. -The first is that while real women may have curves, women's statistical curves are tighter than men's. What rules of thumb do you follow? Last week was the worst week for the market in over two months. Several responses; I posit that what's going on with this wage spread is two statistical rules of thumb. Rules of thumb can be very helpful, but they are often pretty coarse. The main argument of the author is that the evolutionary process has led humans to develop “rules of thumb” or “heuristics” that tend to lead to efficient decision making processes. A week ago, I showed you the risk profile graph for our 10K Bear portfolio.