Blogs about: Gaussian Fallacy
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The Gaussian Fallacy
The most used model in management theory is the model of the bell curve, or a Gaussian distribution. If one were to study for an MBA anywhere in the world, one of the first things taught would be sta… more →
Miracles and Nasty Surprises
The Gaussian Fallacy
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remedy101 wrote 1 year ago: The most used model in management theory is the model of the bell curve, or a Gaussian distribution. … more →
Assumptions -- Bad Assumptions
remedy101 wrote 1 year ago: The Gaussian distribution is based upon a distinct set of assumptions. The first is that ascribed l … more →
What is Wrong With Gauss?
remedy101 wrote 1 year ago: The graph above illustrates the problem. Much of the time the middle section of the graph, the par … more →
When the Gaussian Distribution Does Not Apply
remedy101 wrote 1 year ago: When we observe events where the Gaussian distribution does not apply, what does that signify? Is i … more →
