Big data and a bewildered lay analyst

Limsoon Wong

Statistics & Probability Letters, 2018, vol. 136, issue C, 73-77

Abstract: Lay analysts often test hypotheses incorrectly. They also need help to find interesting hypotheses. They usually do not know what to do next after testing an initial hypothesis. We discuss their common mistakes, and also suggest practical tactics for their problems.

Keywords: Hypothesis testing; Hypothesis exploration; Data analysis tactics; Exception; Trend reversal; Trend enhancement (search for similar items in EconPapers)
Date: 2018
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DOI: 10.1016/j.spl.2018.02.033

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