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 Author Robert Bogue  Views 41 View Original Article

In the first part of this review we spoke of how people make predictions all the time. The Signal and the Noise: Why So Many Predictions Fail- but Some Don’t has more to offer than some generic input on predictions, it has a path for us to walk about the models and statistics we can use to make better predictions. All Models are Wrong but Some are Useful Statistician George Box famously said, “All models are wrong, but some are useful.” The models that we use to process our wor…
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