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DSIA02B Arbitrariness of Rankings

Summary:
[bit.ly/dsia02b] Part B of 2nd Lecture on Descriptive Statistics: An Islamic Approach explains why rankings which involve multiple factors always involve a subjective element. This comes from choosing weights to assign to the factors to combine them into one number. We show how rankings for cars change drastically according the personal preferences and purposes of ...

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[bit.ly/dsia02b] Part B of 2nd Lecture on Descriptive Statistics: An Islamic Approach explains why rankings which involve multiple factors always involve a subjective element. This comes from choosing weights to assign to the factors to combine them into one number. We show how rankings for cars change drastically according the personal preferences and purposes of the person who is buying the car.


Asad Zaman
Physician executive. All opinions are my personal. It is okay for me to be confused as I’m learning every day. Judge me and be confused as well.

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