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QUALITATIVE SHORT ANSWER QUESTIONS Nobel‐winning economist Ronald Coase once quipped “If you torture the data long...

QUALITATIVE SHORT ANSWER QUESTIONS

Nobel‐winning economist Ronald Coase once quipped “If you torture the data long enough, it will confess to anything”. Explain this remark in a page, by showing how asking lots of questions (for example, by partitioning the data into many unplanned subsets) can lead investigators to the wrong conclusions, and therefore impede scientific progress.

Math   Statistics-And-Probability   
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QUALITATIVE SHORT ANSWER QUESTIONS Nobel‐winning economist Ronald Coase once quipped “If you torture the data long...
QUALITATIVE SHORT ANSWER QUESTIONS Nobel‐winning economist Ronald Coase once quipped “If you torture the data long enough, it will confess to anything”. Explain this remark in a page, by showing how asking lots of questions (for example, by partitioning the data into many unplanned subsets) can lead investigators to the wrong conclusions, and therefore impede scientific progress.
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