Tag Archives: variability

A Model of Labeling with Horizontal Differentiation and Cost Variability

Posted by D. Daniel Sokol Alexander E. Saak (International Food Policy Research Institute) provides A Model of Labeling with Horizontal Differentiation and Cost Variability. ABSTRACT: We study optimal disclosure of variety by a multi-product firm with random costs. In our… … Continue reading

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Measures of variabBeyond averages and medians, general counsel should understand statistical ways to describe the variability and distribution of data. One uses the statistical term ility in law department data: variance as a statistical descriptive tool

Beyond averages and medians, general counsel should understand statistical ways to describe the variability and distribution of data. One uses the statistical term called variance. Let's say you use ten law firms to prepare and prosecute patents. You know how… … Continue reading

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Measures of variability in data Part 2: standard deviations

Earlier I explained how to calculate and use statistical variance (See my post of Feb. 18, 2011: variance in statistics.). I used as an example patent applications handled by a group of law firms. To solve the problem that variance… … Continue reading

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