Predict an outcome when using a plethora of accurate data

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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

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