THE CONCEPT OF REGRESSION TO THE MEAN
Well.. I first stumbled upon this concept watching a TV show sometime ago and it's a basically about how #data evens out. Technically, it describes the tendency of a variable lying at an extreme (either side) to draw back or move closer to the norm or average. A lot of people have referred to this concept as a "jinx" because it is sometimes seen as bad luck ; A sportsman who has been enjoying a winning streak suddenly drops (maybe temporarily) to an average performance.
Again, a test may be carried out a second time and it will be observed that those who scored close to 100 (in the first test) scored a bit less and those who scored closer to zero have scored a bit higher: both sets of individuals have drawn closer to the average score and this phenomenon can be explained by regression towards the mean.
Feel free to share your insights..
#Statistical data analysis #steemit #regression
Congratulations @e-factor! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP@e-factor you read statistic in school?
Yes bro.
Resteemed and 100% upvoted. Thank you for using my service!
Read here how the new green bot from Berlin works.
@resteem.bot