Tuesday, March 3, 2009
Book Reviews: Zilliak and McCloskey and Taleb
Shuang brought home borrowed copies of Ziliak and McCloskey's "Cult of Statistical Signficance" and Taleb's "The Black Swan". in a way both are rants against standard practice in quantitative analysis. But Taleb's book is ten times better or more than Ziliak and McCloskey's. The latter have a single point that researchers often misuse the concept of statistical significance and ignore the actual
Labels:
Book Reviews,
Finance
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