James_K comments on New Year's Predictions Thread (2011) - Less Wrong

10 Post author: Kevin 02 January 2011 09:58AM

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Comment author: James_K 03 January 2011 07:46:02PM 6 points [-]

That's only true for a stationary series, which temperature isn't. For a random walk series you can have a 50% chance of each new observation being the highest ever in the series. For a trended series it can be higher than 50%.