T/A ETF AND INDEX

[capt_jmj]

We also use probabilities also, but in perhaps a more defined, quantitative sense. Anything with a discrete probability of > .5 is "most probable" (assuming the discrete probabilities of any alternate outcomes are less) , but if the probability of an event is P, it should be clear to the casual observer that by that definition, the "most probable" event will be wrong (1 - P) x 100 percent of the time. I think that saying something is "probably" right has nothing to do with the rigorous application of statistics, but rather is more of a statement of belief.


Kind regards,
-CAPT J

"What would you attempt to do if you knew you could not fail?"