J Sam

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FIGURE 8-7: SCIENTIFIC METHOD Step in Scientific Method63 Sports Betting Example Observe a phenomenon Cavaliers games are frequently going over the game total. Develop a hypothesis to explain the phenomenon Cavaliers games are going over because Ricky Davis is playing for a new contract and trying to score as many points as possible. Formulate a prediction from the hypothesis Davis’s incentives won’t change until the end of the season. Therefore: (i) he’ll continue to play at a fast pace, and, (ii) future Cavaliers games will continue to be high-scoring as a result. Test the prediction Place ...more
The Signal and the Noise: Why So Many Predictions Fail-but Some Don't
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