Explanations for the last video [Difference Between Clinical and Evidence-Based Knowledge]: Why the statistical properties of a group will NOT particularize to any individual member of the group.
Tag: Central Limit Theorem
[YouTube] Central Limit Theorem – a Nontechnical Presentation
The CLT allows anyone (including ignorant economists and psychologists) to do statistics by using prepackaged recipes coming from the Gaussian. What are the foundations? How does it work? Where does it not work?