Construct · 1 fields · 1 citations

Stein's paradox: a standalone construct

One name. One construct. A landmark on the map.

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Stein'sparadox1 CONSTRUCTStein's paradoxEFRON · STATISTICS

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Statistics

the surprising result that shrinking several means toward a common value beats estimating each separately, even for unrelated quantities.

In statistics, Stein's paradox refers to the surprising result that shrinking several means toward a common value beats estimating each separately, even for unrelated quantities. This meaning comes from Efron (1977) in Scientific American.[1]

Unit
Recovery means
Measured by

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References

  1. Efron, B., & Morris, C. (1977). Stein's Paradox in Statistics. Scientific American, 236(5), 119-127. https://doi.org/10.1038/scientificamerican0577-119

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