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Predicting course in life journey

Ronald Zeeman

Well-Known Member
V.I.P Member
Life is about predicting the future as much as possible what I have learned. do not think linearly. curve linear thinking works better If you can guess the type of distribution
Gaussian. Poisson, or Lorenz curve, place control limits on it fix outliers at three sigma level.
 
I still find it comical that most analysts of the stock market, when predicting the growth curve of a company, cost curves, or adoption of a new technology, still use a near linear model when it has, as far as I have witnessed, always been an exponential curve (more or less). Human brains just seem to have a difficult time thinking exponentially, it would appear.
 
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The first think I saw with my covid statistics was it followed a Gausian, distribution in waves. So simple so obvious.
Combining by abilities to visualize and basic statistical knowledge really help.
 
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I sort of don't want to predict. The future looks too hopeless for me. I used to make plans and prepare for everything but it was useless.
 
The trick is see where you are on the curve put control limits on it if an out of control condition happens adjust what you are doing. I wish I knew this when younger, now it is so obvious.
 

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