News for hackers. Stuff that matters.
Re:The difference betwen skill and luck. by ngsayjoe on Thursday February 10, 2011 @06:04AM (#2201525)
Warren buffet says what if all that predict successfully come from the same village, wouldnt that tells you something?
Re:The difference betwen skill and luck. by khafra on Thursday February 10, 2011 @10:13AM (#2202128)
The same rules of probability apply, so it depends on the number of villages making predictions divided by the improbability of successfully matching that village's predictions. If there were only 10 or 20 people buying lottery tickets, and one of them actually won, I'd pay very close attention to that one person's methods.