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By Barry Meadow article in the new HANA Monthly
jeff
12/18/2013
11:20:54 PM
The new issue of HANA Monthly is out and includes a great article by Barry Meadow titled Statistics and Garbage.


--quote:
"A trainer wins 18% first off the claim. A handicapping system hits 29 % winners.

A jockey's year to date win percentage is 6%.

Will any of these stats, or others, help your bottom line?

Or will they simply mislead you?"
--end quote


Link:
http://www.horseplayersassociation.org/hanamonthly.html

IMHO, this article should be required reading for anyone doing data mining.


-jp

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~Edited by: jeff  on:  12/18/2013  at:  11:20:54 PM~

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