Dearth of literature

Compared to Western classical music, there is a dearth of literature in Hindustani classical music. Stephen Slavek, a disciple of Pt. Ravi Shankar writes in his book, “Sitar Technique in Nibaddha forms” : Musicians talk a lot about music but rarely write anything about it, and never attempt to transcribe a performance for the purpose of analysis. The reason is that music tradition is one of improvisation and retains its vitality by means of transient, ephemeral nature of the music that comprises it.

Minimum Resting Time – A terrible idea

There have been many articles in the media saying that SEBI might introduce a minimum resting time for any order before it could be cancelled. A report by Santa Fe Institute written J. Doyne Farmer and Spyros Skouras is a detailed write-up on the various aspects one must think about, while meddling with the market micro structure. The opinion expressed by both the authors is in the context of European markets.

Event History Analysis With R

This book can be used as a companion to a more pedagogical text on survival analysis. For someone looking for an appropriate R command to use, for fitting certain kind of survival model, this book is apt. This book neither gives the intuition nor the math behind the various models. It appears like an elaborate help manual for all the packages in R, related to event history analysis. I guess one of the reasons for the author writing this book is to highlight his package eha on CRAN.

How Students Learn Statistics

This is a nice article that talks about students' impediments in learning statistics. The article gives a laundry list of recommendations to improve the state of statistical pedagogy at college-level courses. The basic goals for any instructor should be to impart the following ideas: The idea of variability of data and summary statistics. Normal distributions are useful models though they are seldom perfect fits. The usefulness of sample characteristics (and inference made using these measures) depends critically on how sampling is conducted.

Mindless Statistics

The paper titled, Mindless Statistics, by Gerd Gigerenzer, makes a case for banishing the mindless “null ritual” from statistics. In this blog post, I will summarize the main points of the paper. The author starts off by emphasizing the importance of developing a statistical toolbox. Indeed statistics is a rich subject that can be enjoyed by thinking through a given problem and applying the right kind of tools to get a deeper understanding of the problem.