Originally posted by teapot418
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Data science and predictability of outcomes.
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"You’re just a bad memory who doesn’t know when to go away" JR -
Originally posted by scooterscot View PostWhere did I say probabilistic prediction requires historical data? I said it requires a similar event. You could create such an event with which to make your prediction. Stochastic processes don't care for time.
Deterministic prediction never makes use historical data either. That's a major slip up in education that is. They measure the likelihood of events through measurement of some quantity.Comment
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Originally posted by greenlake View PostComment
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Originally posted by minestrone View PostWhy have our resident data scientists not predicted brexit?
I think alcohol has addled your brain.Hard Brexit now!
#prayfornodealComment
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Originally posted by greenlake View Post"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by jamesbrown View PostDid you do a postgrad stats course or something? All sorts of deterministic models make use of historical data to estimate their parameters without introducing any stochastic terms. As I said, it's a modelling choice. No idea what you're on about with regard to "similar event" or the time invariance of a stochastic process or "likelihood" w/r to a deterministic prediction. I think you're getting confused by stationarity or, perhaps, just in general. An event is simply a subset of a sample space. You don't need a "similar" event to make a prediction, you need a model, which may or may not have parameters to estimate from data.Hard Brexit now!
#prayfornodealComment
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Originally posted by sasguru View PostScooter is simply a thick fraud. Hth.Always forgive your enemies; nothing annoys them so much.Comment
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Originally posted by scooterscot View Posttea leaves got it wrong Scotland is still moaningAlways forgive your enemies; nothing annoys them so much.Comment
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Originally posted by DimPrawn View PostBecause it's hard to predict crazy black-swan events?
Originally posted by minestrone View PostWhy have our resident data scientists not predicted brexit?Down with racism. Long live miscegenation!Comment
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