Re: Formal Definition of a Scientifically Meaningful Prediction
Posted by Roger Hunter on March 14, 2009 at 17:22:26:

Michael;

Works for me.

See my rules for evaluation thread below.

The probability has nothing to do with success. It's used to calculate significance.

Most predictors are concerned with hits. But Brian got 92% hits and it means nothing. It's possible to get a hit every time and not beat chance.

Roger


Follow Ups:
     ● Re: Formal Definition of a Scientifically Meaningful Prediction - Mike Williams in Arroyo Grande  21:07:13 - 3/14/2009  (74900)  (2)
        ● Re: Formal Definition of a Scientifically Meaningful Prediction - Michael Tolchard  00:24:41 - 3/15/2009  (74903)  (1)
           ● Fixing a typo ... - Michael Tolchard  00:26:04 - 3/15/2009  (74904)  (0)
        ● Re: Formal Definition of a Scientifically Meaningful Prediction - Roger Hunter  21:53:35 - 3/14/2009  (74902)  (1)
           ● Re: Formal Definition of a Scientifically Meaningful Prediction - Mike Williams in Arroyo Grande  06:46:52 - 3/15/2009  (74905)  (1)
              ● Re: Formal Definition of a Scientifically Meaningful Prediction - Roger Hunter  07:38:43 - 3/15/2009  (74906)  (1)
                 ● Re: Formal Definition of a Scientifically Meaningful Prediction - Mike Williams in Arroyo Grande  14:28:25 - 3/15/2009  (74910)  (2)
                    ● Re: Formal Definition of a Scientifically Meaningful Prediction - Michael Tolchard  20:45:33 - 3/15/2009  (74921)  (0)
                    ● Re: Formal Definition of a Scientifically Meaningful Prediction - Roger Hunter  16:33:05 - 3/15/2009  (74911)  (0)