THE CONCEPT OF REGRESSION TO THE MEAN by e-factor

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life · @e-factor · Aug 4 '17

$0.07

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

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@moziano · Aug 4 '17

@e-factor you read statistic in school?

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@e-factor · Aug 11 '17

Yes bro.

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@resteem.bot · Aug 11 '17

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Resteemed and <b>100%</b> upvoted. Thank you for using my service!
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@steemitboard · Aug 4 '17

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