Improbable Statistics
idol season ten | week 25 |1026 words
The Waffle House Index
x-x-x-x-x
It was a weird job, but someone had to do it, and yes—that someone was me. I'm Cal Estingham, one of the foremost experts in the dark art of Predictive Mathematics.
Now, I know what you're probably thinking: So, how can I get rich off of that? The answer is, you can't. You can make a living at it, sure, but that's not the same. And it's not something that can be taught.
Heck, I can barely explain it.
Analysts crunch data. They look at statistical models and trends, and try to guess the projected year-over-year rate of inflation, or whether the yen will rise against U.S. currency—or Alice Cooper will tour again. Sometimes they get creative, like looking at the length of women's skirts to gauge the health of the economy. Though that's more reactive than predictive, but you get the idea.
Compared to my work, it's almost ordinary.
Predictive Mathematics deals in long-term observation and strange side-effects. For instance, you might use the curl of feathers at the base of a mallard's tail to determine the wetness of the coming year. I tracked slang sequences and the average price of beer as an indicator of upcoming cycles in crime. I often consulted the BBI—the Brooks Brothers Index—as a factor in other calculations. The sales' volumes of men's suits frequently reflects the degree of local and national economic stability.
We're not talking about examining sheep's entrails or anything like that, but you know—it wasn't exactly straightforward.
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If you enjoyed this story, you can vote for it along with many other fine entries here.
idol season ten | week 25 |1026 words
The Waffle House Index
x-x-x-x-x
It was a weird job, but someone had to do it, and yes—that someone was me. I'm Cal Estingham, one of the foremost experts in the dark art of Predictive Mathematics.
Now, I know what you're probably thinking: So, how can I get rich off of that? The answer is, you can't. You can make a living at it, sure, but that's not the same. And it's not something that can be taught.
Heck, I can barely explain it.
Analysts crunch data. They look at statistical models and trends, and try to guess the projected year-over-year rate of inflation, or whether the yen will rise against U.S. currency—or Alice Cooper will tour again. Sometimes they get creative, like looking at the length of women's skirts to gauge the health of the economy. Though that's more reactive than predictive, but you get the idea.
Compared to my work, it's almost ordinary.
Predictive Mathematics deals in long-term observation and strange side-effects. For instance, you might use the curl of feathers at the base of a mallard's tail to determine the wetness of the coming year. I tracked slang sequences and the average price of beer as an indicator of upcoming cycles in crime. I often consulted the BBI—the Brooks Brothers Index—as a factor in other calculations. The sales' volumes of men's suits frequently reflects the degree of local and national economic stability.
We're not talking about examining sheep's entrails or anything like that, but you know—it wasn't exactly straightforward.
( Read more...Collapse )
If you enjoyed this story, you can vote for it along with many other fine entries here.
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