Evaluating the prognostications of political pundits: (From the WSJ.com’s Numbers Guy (free feature):
“You’re generally better off handing darts to a chimp than trusting the musings of a professional prognosticator.”
Also, another observation about reporters and pundits (and bloggers?):
“…people with expertise in explaining events that have happened aren’t very successful at predicting what will happen.”
Technorati Tags: statistics
