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Re: Comparing a "random" prediction with a "good" prediction
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Posted by Lowell on October 30, 2001 at 13:44:49:
Good point Roger. I hope the lurkers understand that distinction. The probability that Don's forecast would have been correct was 0.25 or odds of 1 in 4 not 1 in 10 - those were the best odds that Don could have hoped for if he had made his window narrower. Of course, there is a trade-off between hits, misses and false alarms, and the art of earthquake prediction, once you have a technique that is better than random is to maximize the hits and minimize the misses and false alarms, no easy task. By the way, there was a second Ml 3.0 in the Geysers area this afternoon.
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