I'm a middle manager at a large tech company that recently took responsibility for a few engineering teams that do some stats heavy work. Each producing forecasts where we talk about accuracy of predictions, some that use machine learning & the like.
I have a fairly shallow understanding. I took a basic stats class in undergrad 20 years ago. Over the years, I’ve seen various analysis so I’m not totally lost when people talk about p-values (but also have a lot of gaps where some of the details are lost on me).
I’d like to strengthen my understanding so I can better understand/appreciate/represent what the teams are doing. Any recommendations on a course of study?
FWIW, I’ve considered just buying a text book or hiring a tutor. I looked at classes at the local community colleges, but both the syllabus suggests a fairly slow pace (and most things I feel comfortable with) and when I took a previous class (iOS development) it was so dang slow in pacing.
1. Ayres, Ian (2007) Super Crunchers: Why Thinking by Numbers is the New Way to Be Smart
[Good introductory summary of the main concepts in statistics with many real-world examples]
2. Bernstein, Peter (1996) Against the Gods: Remarkable Story of Risk
[Intellectual history of statistics, accessible to beginning students.]
3. Healey, Joseph (2005) Statistics: A Tool for Social Research, 7E
[This is the text book that was used in the undergraduate statistics courses while I was working as a teaching assistant at UC Santa Cruz.]
4. Kahneman, Daniel (2011) Thinking, Fast and Slow
[Kahneman combines cognitive psychology with statistical concepts; highly recommended]
5. Silver, Nate (2012) Signal and the Noise: Why So Many Predictions Fail, but Some Don't
[Silver's book offers an excellent summary of major concepts in statistics and how they are applied to real-world problems]
6. Taleb, Nassim Nicholas (2005) Fooled by Randomness, 2E
_________ (2010) Black Swan: Impact of the Highly Improbable, 2E
[Important critique of statistics and how it is mis-used and mis-applied, particularly in econometrics]
Hope this helps. Shoot me an email if you have any questions. Good luck. mitchelldeacon9@gmail.com