Normal Statistics

• Modelling process

  • What is the best model to describe a set of data
  • Mean, sd, median, correlation, factor structure, t-value

Data

Model

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What might be termed “normal” statistics involve taking data, and developing a model from that data. (When I say model I refer to any type of statistic that is used to describe that data - things such as means, standard deviations, factor structures).