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Applied and theoretical statistics: e.g. statistical inference, regression, time series, multivariate analysis, data analysis, Markov chain Monte Carlo, design of experiments.
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Is it preferable to use a geometric mean with logarithmically distributed samples?
I have a set of N samples from an infinite set of values which are known to be logarithmically distributed (lots of small values, a few much larger large values).
I have a hunch that a geometric mean …
0
votes
1
answer
339
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Non-iterative way to compute mean time until a random event within a limited window?
Let's say I'm selling widgets, which people have the right to return if they are defective.
Consider that the probability of a particular widget returned on any particular day after its sale is $ p $ …
3
votes
2
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Correcting bias in samples selected by a prediction
Here is the scenario:
I'm trying to find as many golden tickets as I can, so that I can sell them to kids that want to go on a tour of Wonka's chocolate factory.
Fortunately, I have a machine that c …