Foundations of statistics is the usual name for the epistemological debate in statistics over how one should conduct inductive inference from data. Among the issues considered in statistical inference are the question of Bayesian inference versus frequentist inference, the distinction between Fisher's "significance testing" and Neyman-Pearson "hypothesis testing", and whether the likelihood principle should be followed. Some of these issues have been debated for up to 200 years without resolution .
Read more about Foundations Of Statistics: Other Reading
Famous quotes containing the words foundations of, foundations and/or statistics:
“The world must be made safe for democracy. Its peace must be planted upon the tested foundations of political liberty.”
—Woodrow Wilson (18561924)
“If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.”
—Henry David Thoreau (18171862)
“July 4. Statistics show that we lose more fools on this day than in all the other days of the year put together. This proves, by the number left in stock, that one Fourth of July per year is now inadequate, the country has grown so.”
—Mark Twain [Samuel Langhorne Clemens] (18351910)