As the covid-19 farce continues, amidst the destruction of the economy, it is curious how the global social engineering experiment, which has confined millions of people to their homes, is perpetrated so successfully based only on simple plots, pie-charts and histograms. Amazingly, nowhere in the mainstream media has the covid 19 data been analyzed from…
Standard deviations are a popular and often useful measure of dispersion. To be sure, a standard deviation is merely the most likely deviation from the mean. It also doesn’t take into account the shape of the probability distribution function (this is done better using, for example, entropy, which is a more versatile measure of…
What is a prediction? A prediction is a statement about what will happen or might happen in the future. This is the standard definition that you will find in a dictionary. Other, softer definitions, run like this: a statement about what you think will happen in the future. According to these two definitions – both are…
The two most important events of this year are the Brexit and the election of the President of the US. In the case of the Brexit, predictions were indicating a clear ‘yes’ while the result was a ‘no’. In the case of US elections, Clinton was going to win. Not only she lost, Trump won…
“…correlation is charlatanism” Photo: AP photo/Richard Drew “Anything that relies on correlation is charlatanism” is a great article. But is correlation charlatanism? Yes it is. But it is not for the reasons explained in the article. Here is why. Correlations are present everywhere. The concept of correlation is one of the key constructs of statistics,…
