Bayesian Filters Predict Sundance
JohnGrahamCumming writes "The LA Times reports on a company's use of Bayesian filtering to predict the winners at the Sundance Film Festival. They use a modified POPFile email filter and claim an 81% success rate."
There are many examples of using statistics and artificial intelligence in finance (go google), including some applications to predict stock prices. Even a decade ago, books like "Neural Networks in Finance and Investing" and "Artificial Intelligence in the Capital Markets" were already published, along with hordes of books on statistics in finance (think about what Quants do).
Of course, I don't think we can yet predict stock prices with the same 81% accuracy as in this article. And, if anyone could, they would be wise to keep it to themselves.
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nowhere does it rain all day more than 15% of the days.
Time to brush up on geography. It rains pretty much all the time in Cherrapunji.
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