S4E14 Growth Trajectory Estimates...What's My Line?
Quantitude
The Trailing Edge of Bayes Estimates
The idea of you doing something in reference to all the other information is hard-coded in everything we do from the very first course. And I'll tell you what, if there's this libertarian inside you that is bothered by that, it would have to bother you with Z-scores also because we cannot compute a Z-score without knowing all the rest of the scores and the distribution. We are not arguing against the OLS estimates or empirical Bayes estimates. What we want you to think about iswhat are you trying to achieve when you consider each of these approaches in isolation? In my own work, I use both.
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