Just thinking which one is more convincing to deal with complex high dimensional data sets in the real world...
Hmmm....Something tells me that stats is more easier when we got the fixed amount of data sets in hands.
However, in the real world whatever the context is, data from the Nature are keep on evaluating itself and changing in the time domain. Of course, until we get the the end of the data stream, we do not have any idea about the reference range and the meaning of it.
What if the real-time data stream has meaningful cycles in time in terms of the variation of itself and effect to our world? I think the most part of our real world work in this way...
What does statistics represent? It represents the characteristics of data itself using mathematical information. It can be dynamic or static(stationery) based on the time factor.....
Just so many different ideas keep on coming to my head....arrrgggggggg...
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