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Andrew Gelman — Gaydar and the fallacy of objective measurement

Summary:
Stripping a phemenon of its social context, normalizing a base rate to 50%, and seeking an on-off decision: all of these can give the feel of scientific objectivity—but the very steps taken to ensure objectivity can remove social context and relevance. Statistical Modeling, Causal Inference, and Social ScienceGaydar and the fallacy of objective measurementAndrew Gelman | Professor of Statistics and Political Science and Director of the Applied Statistics Center, Columbia University

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Stripping a phemenon of its social context, normalizing a base rate to 50%, and seeking an on-off decision: all of these can give the feel of scientific objectivity—but the very steps taken to ensure objectivity can remove social context and relevance.
Statistical Modeling, Causal Inference, and Social Science
Gaydar and the fallacy of objective measurement
Andrew Gelman | Professor of Statistics and Political Science and Director of the Applied Statistics Center, Columbia University
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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