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Results tagged with regression-to-the-mean
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user 805
The phenomenon that on repeated testing a high value tends to be lower, and a low value higher.
1
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Accepted
Is a normal process mean reverting
If by a "normal process" you mean that $Y_t\sim N(\mu,\sigma^2)$ with the $Y$'s independent of each other then its mean - both unconditional and conditional on previous $Y$'s - is always $\mu$.
That' …
- 291k
2
votes
Accepted
Reconciling regression to the mean with the independence of with-replacement sampling
You both mis-state and misinterpret what Kahneman says. You should have offered a quote rather than described it from memory – and indeed doing so may have resolved your difficulty before you even pos …
- 291k