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Discussion on: How important is stats knowledge in software development?

lepinekong profile image
lepinekong • Edited on

"All distributions follow normal"?!!! absolutely NOT that's why AVERAGE IS NOT USUALLY A GOOD METRICS or at least you should consider multiple samples like in a method called "Statistical Process Control" (I've been specialist of that in the past)

So Traders (I've been semi-professional trader's analyst for a bank 20 years ago ) do NOT USE AVERAGE for assessing what they call horizontal support and resistance, they use average only for mobile indicators.

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lepinekong profile image
lepinekong

It's funny people don't even read before answering ;)