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Lesson from Elementary Math – Equivalent Fraction
Teaching my daughter, we learned “equivalent fraction”, even though two (and more) fractions have different numerators and denominators, those fractions can be mathematically the same! I never bothered about this concept but my daughter was really interested in this concept; how can be the same?? Through this, I found a life lesson. In life, we… Read more
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Statistical Model: A Map is Not the Territory
“A good analogy is that a model is like a map, rather than the territory itself. And we all know that some maps are better than others: a simple one might be good enough to drive between cities, but we need something more detailed when walking through the countryside. “ [The Art of Statistics, David… Read more
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Signal and Noise: How to Understand Data?
“In the statistical world, what we see and measure around us can be considered as the sum of a systematic mathematical idealized form plus some random contribution that cannot yet be explained.” [The Art of Statistics, David Spiegelhalter] The famous book by Nate Silver, The Signal and the Noise, said how to find the signal… Read more