How the performance score can simplify data

Michael Lieberman, president of Multivariate Solutions, explains how to calculate a performance index that can be used to simplify statistical data, and produce results that are easily understood and actionable.

How the performance score can simplify data

Michael Lieberman

The first point I make with my students in the initial lecture of a basic statistics course is that statistics is simply a numerical description of an event. The mud of correlations, regressions,...