pmdartus / rule-of-five

Putting Hubbard's "Rule of Five" in practice with various examples.

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Rule of Five

Putting Hubbard's "Rule of Five" in practice with various examples.

In How to Measure Anything: Finding the Value of Intangibles in Business, Doug Hubbard presents this technique as a way to get insights from small sample size usually considered statistically insignificant.

Rule of Five: There is a 93.75% chance that the median of a population is between the smallest and largest values in any random sample of five from that population.

Datasets:

  • Avocado Prices: link
  • Hourly Energy Consumption: link
  • FitBit Fitness Tracker Data: link

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Putting Hubbard's "Rule of Five" in practice with various examples.


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