Resampling: The new statistics

About this book

Simon is best known for his research in demography, population and the economics of natural resources, and gained fame when the noted biologist Paul Ehrlich selected five commodities and bet Simon that scarcity would drive their prices up over the period of the bet (in fact, their prices all dropped). The New Statistics contains a number of examples in Resampling Stats, a computer program originated by Simon, but can be read on its own without the program. Covers probability, hypothesis testing, confidence intervals and sample size calculations and is an excellent introduction to simulation, bootstrap methods (sampling with replacement from the observed data to assess variability of a sample statistic), and permutation tests (comparison of observed differences between samples to differences obtained by randomly shuffling the samples together and re-dividing them).