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November 15, 2013

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While I agree with you completely regarding the potential pitfalls, these are just the normal ones one is warned about when doing statistics. I have been involved in statistics in one form or another, in many fields, for a few decades now. I have also just re-started an MS in Applied Statistics (after a couple of decades). What you talk about with small data is just the stuff that I get in just about every textbook. Good stuff, but standard statistics.

What this makes me think is that you are finding Data Scientists who are not statisticians trying to do statistics. That would be like someone who is a PhD Statistician trying to make suggestions about how to physically handle large datasets on a particular hardware and software platform. The results are often hilarious.

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