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Trendlines are a way to represent some statistical data. Probability can help predict things with enough instances of an event — statistics are only a small pa
by necovek 1y ago
Trendlines are a way to represent some statistical data.
Probability can help predict things with enough instances of an event — statistics are only a small part of how we establish a probability of a future event, and a core ingredient of even that small part is having a sufficiently representative sample (which "trendlines" usually don't).
Eg. you can get statistics for all the winning lottery tickets from the last 5 years — that won't help you predict the next one.
Stop confusing the two.
- ninetyninenine 1y agoIt’s probability. If a trending or pattern exists there’s a higher probability that the pattern continues into the future. No such pattern exists for the lottery. Stop being stupid.