Statistical Visions in Time
A History of Time Series Analysis, 1662-1938
Published on 28. October 1997
Book
Hardback
367 pages
978-0-521-42046-4 (ISBN)
Description
This work documents the history of techniques that statisticians have used to manipulate economic, meteorological, biological and physical data taken from observations recorded over time. The manipulation tools include per cent change, index numbers, moving averages and 'first differences', i.e., subtracting one observation from the previous value. Professor Klein argues that nineteenth-century business journals, such as The Economist, were as important to the development of time series analysis as Latin treatises on probability theory. While examining the roots of mathematical statistics in commercial practice, she traces changes in analytical forms from table to graph to equation. Klein cautions that we risk measurement without history in unduly mechanistic blending of stationary probability theory with the practical dynamics of commercial traders. This history is accessible to students with a basic knowledge of statistics as well as financial analysts, statisticians and historians of economic thought and science.
Reviews / Votes
'The history of probability and statistics has been well served by recent writers, but there is still a gap to be filled around the turn of the century. Statistical Visions in Time contains much relevant material for this period.' NatureMore details
Language
English
Place of publication
Cambridge
United Kingdom
Target group
Professional and scholarly
Illustrations
35 Tables, unspecified; 69 Line drawings, unspecified
Dimensions
Height: 262 mm
Width: 187 mm
Thickness: 28 mm
Weight
895 gr
ISBN-13
978-0-521-42046-4 (9780521420464)
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Schweitzer Classification
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New editions
Book
12/2005
Cambridge University Press
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Additional editions
Book
12/2005
Cambridge University Press
€71.40
Shipment within 15-20 days
Content
Introduction; Part I. Commercial Arithmetic and Practical Dynamics: 2. Reckoning on death and chance with the Merchant's Rule; 3. Commercial currents and first differences; 4. The interplay of deception and accountability in the index numbers and moving averages of the Bank of England; 5. Seasons, tides and structures in cycle time; Part II. Subject Context and Statistical Theory: Introduction to subject context and statistical theory; 6. Laws of chance and error in the observation process games of chance; 7. Laws of deviation and the capacity for shifting means in early statistical models of processes; 8. A funny thing happened on the way to equilibrium: economics and statistical ways of thinking around the turn of the century; 9. Decomposition and functions of time; 10. Autoregression, random disturbances, dangerous series and stationary stochastic processes; Epilogue; Appendix 1: Techniques of time series analysis; Appendix 2: Frequency analysis of worldwide studies in time series and stochastic processes, 1847-1938.