The parable of the ox – or how to get to grips with what’s behind some fancy financial fiddling

July 25, 2012

Alf has been introduced today (so to speak) to Sir Francis Galton and is more than a tad envious.

For starters, this Galton feller was knighted (in 1909).

More than that, he is described (here) as an English Victorian polymath: anthropologist, eugenicist, tropical explorer, geographer, inventor, meteorologist, proto-geneticist, psychometrician, and statistician.

Galton had a prolific intellect, and produced over 340 papers and books.

He created the statistical concept of correlation and widely promoted regression toward the mean, which no doubt was big deal in its day, although Alf struggles to tell you what it actually means.

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