sethist | 13 years ago | on: Nate Silver confuses cause and effect, ends up defending corruption
sethist's comments
sethist | 13 years ago | on: "Brown and Cornell Are Second Tier"
Another firm can try to capitalize on the market inefficiencies and hire tons of Brown grads. Although they will likely need to spend more time and money on the hiring process since the candidates aren't as thoroughly prescreened. None of us know if that will really pay off in the end.
sethist | 13 years ago | on: How I Gamified the Google Interview
Why try so hard to into a school that everyone is applying to when you can instead much more easily get a position at a lower profile school?"
RPI is easier to get into and could still give you challenging and rewarding work, but that doesn't mean it isn't worth the extra effort to get into the more difficult and sought-after position.
Silver assumes that the systems fail because the models are bad. O'Neil is instead claiming those are just correlations and not a cause and effect relationship. Basically the models are bad and the systems failed because the people providing the data were corrupt. Using your example: "A<-C" and "B<-C"