Re: Experienced Statistician to help decide whether a regression is legitim


To reply to some other poster:
-----------------------------
I cannot walk away from this mess (alas and even if
I'd very much like
to).
More I will have to propose something potentially
improving (...sic).


I'll settle to "less (pseudo) sophisticated
treatment" but more
sensible...for instance a few well constructed
descriptive statistics...
at least it will oblige them to sit down and think
and maybe then they
will come up with something better..
++++++++++++++++++++++++++++++++++++++++++++++++++++++
+++++
This is a difficult question to answer, since the
whole problem is
"proprietary" in nature, and you can only talk in
very general verbal (and
confusing) constructs.

Indeed, you are right, I cannot reveal too much..., the problem has never been formulated properly, and the reports I read are "without equations"... I am writing some of them (the theoretical). That I know how to do ...
The applied stats glued to this theoretical issue is puzzling ( and to my view unnecessary, non-sense, and on top false).. but to repeat being rather a mathematician than a statistician I am always happy with extra advice and discussion.


As Bob says, hire somebody
like OMU to help you out.

I cannot hire- I am the hiree :-) and I shall recommend that they hire some people I know that I think would handle the stuff well.


Obviously the companies have great "gobs" of cash
available for this.

Maybe not as much money as you may think thought..


Its
just a matter of spending dollars where it is
important, and most older
companies are really, really bad at where they put
there money. There is too
much management ego and management salaries that
totally blocks effective
progress. They are like Ford and General Motors.

As a former pure academic, 8 months in the private sector.. I just have learned that what they "term" important is not what i would (would have) termed.. and the rationales of where they put money remains obscure to me but not necessarily because it is wrong but because I am unable to grasp it.

Thank you anyway for your thoughts.



David Heiser


.

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