10-15-2016, 06:36 PM
(10-15-2016, 06:19 PM)Boston Card link Wrote:It's a fair point, but the people who made the decision have a lot more data points than we do.Â
Having more data points is not necessarily an advantage if the holders of the data points do not have proper algorithms or the nous to understand what those data points mean. My working life was successful because as an outsider I could identify the incredibly stupid misunderstandings of reality by the powers that be. Just because Stanford Football is just football doesn't mean that the powers that be there who know more about football than we do are infallible.
Remember NASA and the Challenger disaster? I do.
All models are wrong; some models are useful......
George Box
