Gray
Well-Known Member
- Joined
- 30 May 2004
- Messages
- 25,786
- Team supported
- ABU & The Bus Wreckers
I happen to be a mathematician (and data scientist), too, so can say with full confidence of nearly two decades in my field that I am not “talking bollocks”. ;-)
This is basic statistical analysis taught at uni.
Edit: I will say, the gap in most people’s understanding of how probability (and statistics more generally) work, especially with larger datasets—partly due to poor education and partly due to the human mind not actually being very good at it to begin with—is heavily exploited in modern times and is one of the most overlooked dangers to a reasonably functioning society in the age of ever-quickening technological progress.
To sum up my previous posts:
1) discrete event probability (flipping a coin once) and aggregate expected value probability (flipping a coin hundreds of times) are two different things
2) the cup draw is far from ‘random’; as is actually flipping a coin
3) in most time-period based data analytics recency and trend are where insights are found
4) I make no qualitative judgement of United’s home draw run, only state that it could reasonably be described as aberrational