Predict an outcome when using a plethora of accurate data

Reference no: EM133591291

Question:

Why do you think it is not possible to perfectly predict an outcome when using a plethora of accurate data? (Please go beyond the opinions of the presenter and present your own unique ideas). Why then should we use data (which is typically historical) to make predictions (or bets as the Online TV providers in the video would be doing) about the future?

Reference no: EM133591291

Questions Cloud

Explain the concepts of resonance and appraisal : Discuss and explain the concepts of "resonance" and "appraisal" as they pertain to empathy. What do they do - how do they function in neuroscience?

Importance of helping the whole child develop : Review your response. Have your views changed or strengthened? Explain your current thinking on the importance of helping the "whole child" develop.

How do those principles set early intervention services : What are key principles of Part C Early Intervention, and how do those principles set early intervention services apart from other services for infants.

How can caregivers honor diversity : How can caregivers honor diversity, honor a particular philosophy and also honor their own perspective?

Predict an outcome when using a plethora of accurate data : Why do you think it is not possible to perfectly predict an outcome when using a plethora of accurate data?

What do the concepts of social loafing : What do the concepts of social loafing and social facilitation have to do with "remote work" or people who work from home.

What method am i using here to evaluate this phenomenon : How well-behaved they are to see if there is a relationship between those two variables. What method am I using here to evaluate this phenomenon?

What simple activities can adults do with babies : What simple activities can adults do with babies and toddlers to help them learn?

What are risks of teachers using social networking sites : What are other ways that teachers can use social networking sites responsibly? What are some risks of teachers using social networking sites?

User Account

All Pages