Understanding Variances based on Sample Sizes

Every now and then you read something that really furthers your understanding of the world around us. I read this fascinating piece in the book by Howard Wainer: Picturing the Uncertain World. The specific chapter I read was called “The Most Dangerous Equation” where he discusses De Moivre’s equation. It’s quite a bite to chew on andContinue reading “Understanding Variances based on Sample Sizes”