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V.10:14 (606-610): MINITAB Release 8 for the Mac by John Sweeney
V.10:14 (606-610): MINITAB Release 8 for the Mac by John Sweeney
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MINITAB Release 8 for the Mac by John Sweeney
Anyone who's suffered through statistics classes in college or graduate school can remember MINITAB as a frightfully congested pile of opaque subroutines whose sole virtue was the awe that the reams of output inspired in our professors. We were, it seemed, graded by weight and I, for one, never failed to include a boxload of green-striped, full- sized computer paper with all my submissions.
Thankfully, all that is now past and Ive been handed a shiny new Mac version of MINITAB. Can anything make statistical analysis fun and games? Actually, yes, MINITAB on the Mac can be fun. Not that MINITAB 8.01 doesnt have some minor blemishes, but its now a great tool for exploration as though you had the helping hand of a senior statistician, a guy wholl do all the nitty-gritty number mashing.
It seems to take a jump in mindset for traders to think statistically. Its not normal or maybe its just not easy for people to think in probabilistic terms. Wed like to have certainty, not most of the time this and some of the time that or worse, a range of outcomes from here to there and you dont know where any one result will be.
Anyone who's suffered through statistics classes in college or graduate school can remember MINITAB as a frightfully congested pile of opaque subroutines whose sole virtue was the awe that the reams of output inspired in our professors. We were, it seemed, graded by weight and I, for one, never failed to include a boxload of green-striped, full- sized computer paper with all my submissions.
Thankfully, all that is now past and Ive been handed a shiny new Mac version of MINITAB. Can anything make statistical analysis fun and games? Actually, yes, MINITAB on the Mac can be fun. Not that MINITAB 8.01 doesnt have some minor blemishes, but its now a great tool for exploration as though you had the helping hand of a senior statistician, a guy wholl do all the nitty-gritty number mashing.
It seems to take a jump in mindset for traders to think statistically. Its not normal or maybe its just not easy for people to think in probabilistic terms. Wed like to have certainty, not most of the time this and some of the time that or worse, a range of outcomes from here to there and you dont know where any one result will be.
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