Wisdom of Crowds; Tales of the Data Tails
The “Wisdom of Crowds” is powerful. It helps us understand what is likely. However, extremely unlikely data tails of a distribution are more difficult. "Humans are not very good at probabilistic thinking. Kahneman and Tversky formulated Prospect Theory to explain how our intuition breaks down....
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Year of Diversification Offering More Clients More Solutions
Lone Star Analysis enters 2017 with a richer portfolio of offerings and a larger roster of customers. Dallas, TX (PRWEB) December 31, 2016 In an end of year message to employees and stockholders, Steve Roemerman, CEO of Lone Star Analysis said, “2016 was marked by…
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