3 ms·
Mlodinow in "The Drunkard's Walk" makes the very good point that the 'losing streaks' that lead to coach firings (and Hollywood studio boss sackings) are almost
by nervechannel 16y ago
Mlodinow in "The Drunkard's Walk" makes the very good point that the 'losing streaks' that lead to coach firings (and Hollywood studio boss sackings) are almost entirely explainable by perfectly normal random variation.
http://www.amazon.com/Drunkards-Walk-Randomness-Rules-Lives/dp/0375424040 http://www.amazon.com/Drunkards-Walk-Randomness-Rules-Lives/...
Not only that, but the subsequent 'improvements' are generally due to regression to the mean.
http://en.wikipedia.org/wiki/Regression_toward_the_mean http://en.wikipedia.org/wiki/Regression_toward_the_mean
It's depressing that an pompously-titled site like American Thinker can completely fail to consider this...