Presidential Election
The Predictive Power of Nonsense
Today we have Halloween masks, coffee cups, cookie sales, and winners of sporting events all being credited with forecasting ability. But if you search hard enough (and it won't even be that hard), you can always find perfect associations in history that have no predictive power.[read more]
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“As usual, Dean, I agree on all counts. This is piece that everyone leaves out ... Feature creation. CRISP-DM refers to it as Data Augmentation. There is simply no 'auto' Modeling technique, yet, does it. Even though feature reduction is no picnic, it is easier than feature augmentation. Once you have done all of that the Modeling is perhaps the easiest step. I think for most of us it is the most ...”
“Very interesting article. I wodered if some of the things that I "like" might seem random but you point out that it actually helps add detail to a more complex profile. Will this give me pause in "liking" things?The reason why I "like" things is to show approval of the perosn who posted the content. This article isn't likely to alter that behavior but it's good to know.One reason why I do resist ...”