Subscribe to DSC Newsletter

PG Madhavan's Blog Posts Tagged 'Theory' (1)

Prediction – the other dismal science?

An insightful person once said, “Prediction is like driving your car forward by looking only at the rearview mirror!”. If the road is dead-straight, you are good . . . UNLESS there is a stalled vehicle ahead in the middle of the road.

We should consider short-term and long-term prediction separately. Long-term prediction is nearly a lost cause. In the 80’s and 90’s, chaos and complexity theorists showed us that things can spin out of control even when we have perfect…

Continue

Added by PG Madhavan on January 26, 2016 at 2:08pm — No Comments

Monthly Archives

2019

2017

2016

Videos

  • Add Videos
  • View All

© 2019   Data Science Central ®   Powered by

Badges  |  Report an Issue  |  Privacy Policy  |  Terms of Service