{"product_id":"prediction-revisited-the-importance-of-observation-9781119895589","title":"Prediction Revisited: The Importance of Observation","description":"\u003cp\u003e\u003cb\u003eA thought-provoking and startlingly insightful reworking of the science of prediction\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003ePrediction Revisited: The Importance of Observation\u003c\/i\u003e, a team of renowned experts in the field of data-driven investing delivers a ground-breaking reassessment of the delicate science of prediction for anyone who relies on data to contemplate the future. The book reveals why standard approaches to prediction based on classical statistics fail to address the complexities of social dynamics, and it provides an alternative method based on the intuitive notion of relevance. \u003c\/p\u003e\u003cp\u003eThe authors describe, both conceptually and with mathematical precision, how relevance plays a central role in forming predictions from observed experience. Moreover, they propose a new and more nuanced measure of a prediction's reliability. \u003ci\u003ePrediction Revisited also \u003c\/i\u003eoffers: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eClarifications of commonly accepted but less commonly understood notions of statistics\u003c\/li\u003e \u003cli\u003eInsight into the efficacy of traditional prediction models in a variety of fields\u003c\/li\u003e \u003cli\u003eColorful biographical sketches of some of the key prediction scientists throughout history\u003c\/li\u003e \u003cli\u003eMutually supporting conceptual and mathematical descriptions of the key insights and methods discussed within\u003c\/li\u003e \u003c\/ul\u003e \u003cbr\u003e \u003cp\u003eWith its strikingly fresh perspective grounded in scientific rigor, \u003ci\u003ePrediction Revisited \u003c\/i\u003eis sure to earn its place as an indispensable resource for data scientists, researchers, investors, and anyone else who aspires to predict the future from the data-driven lessons of the past.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Wiley\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 06\/08\/2022\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9781119895589\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 240\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.15lbs\u003c\/p\u003e","brand":"Mark P. Kritzman, David Turkington, Megan Czasonis","offers":[{"title":"Default Title","offer_id":42183750844597,"sku":"9781119895589","price":25.46,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0473\/0804\/6492\/products\/img_afedc1b1-aaf0-44ac-919b-1b648100abc1.jpg?v=1654570516","url":"https:\/\/pastforward.org\/products\/prediction-revisited-the-importance-of-observation-9781119895589","provider":"Past Forward","version":"1.0","type":"link"}