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Law of Averages,Regression to the Mean and the Walk down the Dalal Street!

 Sir Francis Galton, a British polymath, did pioneering work on Regression or Reversion to the Mean in Statistical Research in the late 19th Century. According to his analysis of human characteristics, he applied statistical methods to the study of human differences and inheritance of intelligence and pioneered the work on Eugenics. He also contributed to the field of psychology by founding psychometrics with personality mapping. He was a versatile genius and being the half-cousin to Charles Darwin, his works in many ways drew sufficient inspiration from Darwin's studies. But his most outstanding contribution is Regression to the Mean in Statistical analysis. He is also considered to have developed a central limit theorem showing that with sufficient sample size the binomial distribution approximates a Normal Distribution and the practical demonstration of it is called Galton Board or Quincunx or Bean machine Regression to the Mean is in simple terms that if there is volatility obs...

We are born without locks!

Whenever any discussion happens on the human mental states, usually the discussion starts with Sigmund Freud. His Id, Ego and Alterego interpretations of the human mind in both conscious and subconscious levels have been the subject matter of debate throughout the world. If you construct a matrix grid with Child, Parent and Adult ego states of Eric Berne's Transactional Analysis of social behaviours exhibited by human beings,  blended with Freud's human personality types of psycho analysis , then the two-axis grid will present what Eric Berne envisaged. However, I went one step further and tried to blend the basic gunas as outlined by the Indian philosophy of yonder: Sattva, Rajas and Tamas. The complex matrix will be like the above. According to me the middle axis of a combination of Ego, Parent and Rajas will give a stability to the human life and existence through the ages. It is Sattva which will primarily drive the Adult behaviour and bear on the Alterego for the so...

Progressive Compromises....!

The great Tamil writer  சுஜாதா(Sujatha) once wrote that our lives are one of Progressive Compromises of unfulfilled wishes and wants. When we are born, Sigmund Freud said ,that we are born with Id, Ego and Alterego-the three states of our subconscious existence and the interplay between these three manifests in our personality and reflect in our behavioural traits. Eric Berne wrote a famous book "Games People Play:The Psychology of Human Relationships" where he described how Child,Adult and Parent ego states play and he described it in terms Transactional Analysis for interpreting all the social interactions.He also went on to say that people also play mind games with hidden motives,desires etc. and described such negative behaviours in terms of the ego states dominating the individuals. For solving the life's problems Thomas Harris wrote a practical guide "I'm Ok, You are OK" by doing  the Transactional Analysis of the behavioural pattern of individu...