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WLOG - STEPS TO TAKE FOR A SUCCESSFUL ANALYSIS - 21.12.2025
You have your topic of interest to look at and a solid set of data. What must come next? An even better analysis. It is easy to assume that once you have the data it would be easy to prepare an analysis just by organizing your results and commenting on them. However, to be able to comment, first you need to be sure about how your data qualifies for your question. Afterwards, an effective method of statistics should follow your qualified data to give you better looking infographics, rather than many bits of numbers. Lastly, you can comment on your infographics, keeping in mind that not every parallel line means there is a causality. So let’s have a look at those steps in a quick way and try to find the answer to the question: How can we conduct a good analysis? More..
You have your topic of interest to look at and a solid set of data. What must come next? An even better analysis. It is easy to assume that once you have the data it would be easy to prepare an analysis just by organizing your results and commenting on them. However, to be able to comment, first you need to be sure about how your data qualifies for your question. Afterwards, an effective method of statistics should follow your qualified data to give you better looking infographics, rather than many bits of numbers. Lastly, you can comment on your infographics, keeping in mind that not every parallel line means there is a causality. So let’s have a look at those steps in a quick way and try to find the answer to the question: How can we conduct a good analysis? More..
WLOG - PREDICTIONS ARE NOT ALWAYS WRONG! - 21.12.2025
Because they are not! Saying that they are, you are only damaging your chance to get a good tip which can be 100% accurate. Yes, predictions can be absolutely correct.
Every move and plan we have in life or in business depends on guesses, predictions and forecasts. So for them to be always false, your plans should also be false. However, this is not really how it is, right? Yet, we still tend to thing that way when we think of calculated predictions, aka forecasts. This way of thinking pushes us to change our calculations or the method we make forecasts all together. If we get our forecasts from an expert, it pushes us to change that expert. Since the results we get can be effected greatly by a wrong decision, we try to adopt the most trusty method as possible. So when our predicted forecasts don’t hit the number or answer we had in mind, we always doubt our scientific way. Harsh truth is always harder to accept than accepting that some part of your forecast calculations are wrong. More..
Because they are not! Saying that they are, you are only damaging your chance to get a good tip which can be 100% accurate. Yes, predictions can be absolutely correct.
Every move and plan we have in life or in business depends on guesses, predictions and forecasts. So for them to be always false, your plans should also be false. However, this is not really how it is, right? Yet, we still tend to thing that way when we think of calculated predictions, aka forecasts. This way of thinking pushes us to change our calculations or the method we make forecasts all together. If we get our forecasts from an expert, it pushes us to change that expert. Since the results we get can be effected greatly by a wrong decision, we try to adopt the most trusty method as possible. So when our predicted forecasts don’t hit the number or answer we had in mind, we always doubt our scientific way. Harsh truth is always harder to accept than accepting that some part of your forecast calculations are wrong. More..