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."
Yeah, I get so tired of people publishing probabilty success rates without stating what the baseline is.
For example, I could announce I have an 85% accurate weather prediction system. it's this: predict the sun will shine most of the day. nowhere does it rain all day more than 15% of the days. so my predictor is 85% accurate.
When you claim an accuracy you need to also give the null model accuracy or it's gibberish.
Some drink at the fountain of knowledge. Others just gargle.