The Effective Statistician - in association with PSI cover image

Managing Hype in Statistics

The Effective Statistician - in association with PSI

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Emphasizing Proven Statistical Tools Over New Innovations

This chapter highlights the significance of utilizing established statistical tools such as utility analysis and futility analysis over trendy methods like AI or Bayesian statistics, showcasing how they can enhance sample sizes and portfolio outcomes. It also stresses the importance of statisticians focusing on implementation strategies and communication to maximize stakeholder adoption of these tools.

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