For what you want to know, Bayes offers superior stats
By Tom Siegfried, 11:58 AM September 20, 2011
It turns out that the old adage about statistics and damned lies wasn’t a joke. Sticks and stones may be bonebreakers, and words inflict no (physical) pain, but numbers can kill.
In 2004, for instance, a statistical analysis suggested that antidepressant drugs raised the risk of suicide in youngsters and adolescents, leading the U.S. Food and Drug Administration to require a “black box” warning label. And guess what happened? Suicide rates among kids went up. It seems likely that the dramat...
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