on sampling and its discontents
terrain, models, and inference... the more uncertain the terrain, the less we can rely on sampling
2 min read
risk, uncertainty, and error
terrain, models, and inference... the more uncertain the terrain, the less we can rely on sampling
In the presence of randomness, high-frequency observation obscures signal. Why Djokovic's 55% point wins reveal less than his 88% match record.
since you can't help yourself, then let's use the word "virtue" for the disciplined application of your method, and the word "fortune" for the outcome of your "investments."