tag:blogger.com,1999:blog-3758330678390419129.post2533994612066564846..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: MIT Quant Picks Red Sox Over YankeesRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3758330678390419129.post-27364495531660589342011-09-29T09:53:37.939-04:002011-09-29T09:53:37.939-04:00I'll bet the computer didn't see this comi...I'll bet the computer didn't see this coming. Let this be a lesson to central planners everywhere :)Joe Nelsonhttps://www.blogger.com/profile/01845518863760058869noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-71697624490381952842011-04-01T14:16:35.782-04:002011-04-01T14:16:35.782-04:00I don't know that much about the Sox but I do ...I don't know that much about the Sox but I do know that the entire Yankee season depends on Sabathia's arm which in turn depends on Sabathia's post operational knees. Scary...if your a Yankees fan.ricpichttps://www.blogger.com/profile/01321511130788764861noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-39591908505966995882011-04-01T12:44:28.266-04:002011-04-01T12:44:28.266-04:00This is the problem with statistics: past data onl...This is the problem with statistics: past data only predict future performance if the underlying relationships being modeled can be presumed constant across time. And there's no way that assumption can be assumed to hold with respect to something like athletic performance.<br /><br />I'd ask whether this guy's read any Hoppe, but I think I know the answer.<br /><br />And regardless, INickhttps://www.blogger.com/profile/00950349725231967692noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-22544595703272760132011-04-01T11:07:05.609-04:002011-04-01T11:07:05.609-04:00As a Yankees fan, I respectfully disagree with the...As a Yankees fan, I respectfully disagree with the professor's conclusions but I guess that's why they play the games. :)<br /><br />The statistical revolution in baseball worked because the outcomes of the game are few and fixed and the sample sizes are enormous. <br /><br />This is where the planners go wrong and their "solutions" become more draconian. In a complex economy Joe Nelsonhttps://www.blogger.com/profile/01845518863760058869noreply@blogger.com