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kleinbl00  ·  1214 days ago  ·  link  ·    ·  parent  ·  post: This morning's garbage study brought to you by the WSJ

My irritation with statistics is that you are basically testing the accuracy of your model. If you thoroughly understand the subject of your model, the model will likely reflect reality. If you don't thoroughly understand the subject of your model, your statistical analysis will discourage you from understanding it further.