Wow! This definitely contributed to my evening.

If you could indulge, I would like some clarification on this matter of
binning and distortion, particularly wrt time series (perhaps related to
long-memory processes?). I had thought binning was standard practice in
spectral analysis and ANPOW. 

... <snip>
Bert is correct.  Binning is seldom needed and usually distorts.  It is the
statistical equivalent of a former governor from Alaska.

Frank
... <snip>

Sincerely,
KeithC.

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