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All Blog Posts Tagged 'induction' (3)

Inferential Modeling and Application of Analogs

When discussing the use of algorithms, the issue of durability or portability has to be considered. For example, a stock trading algorithm might be used in a missile guidance system. The algorithm would have to operate on an abstract kinetic level rather than for a specific application. I have written in the past about using the same algorithm to study stocks, earthquakes, hurricanes, electro-cardiograms, and attempts at evasion - using my mouse in a game environment. Wouldn't an abstraction…

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Added by Don Philip Faithful on October 4, 2015 at 7:17am — No Comments

The Decision Frame

There are a number of movies that I consider much more suitable for television than theatre: Alien Versus Predator; Doom; Snakes on a Plane; The Cave; The Colony. The stories of these movies play out in environmentally-limited sometimes enclosed settings. In the theatre, I considered Alien Versus Predator the worst movie I ever had to sit through in my entire life, second perhaps only to the original Tron. But at home on a 36-inch display, it has become one of my all-time favourites. On the…

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Added by Don Philip Faithful on September 28, 2015 at 6:24am — No Comments

Seasonality

I have never been formally trained on how to deal with seasonality. But I wanted to take a moment to share my perspective based on experience, which I hope readers will find fairly straightforward. Some people use sales revenues in order to evaluate seasonal differences. I find it more desirable to analyze units sold if possible. A price increase resulting in slightly higher revenues does not in itself represent increased demand. Nor should discounted prices leading to reduced revenues…

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Added by Don Philip Faithful on August 23, 2015 at 5:19am — No Comments

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