picture-546-1354628322.jpg

President Obama, Terry McAulliffe, "Bracketology" and Reality

Just as Terry McAulliffe and even the President dutifully and publicly filled out their NCAA March Madness brackets, there was NPR telling listeners yesterday that it is all for naught.  After all, any individual's chances of getting the brackets right is 9 quintillion to one for the 64 teams, which is way, way worse odds than the chance of getting struck by lightening.  Getting it right is just too random to waste your time on "bracketology." It is a useless enterprise. But (almost) everyone does it. The widespread perception that one can actually get the entire March Madness brackets right is based on a misunderstanding of statistics, probabilities, and (yes) reason. But then we all misperceive probabilities, even those who know better. Regardless, all manner of sportscasters, celebrities and just plain folks occupy their time dutifully filling out their brackets.  
Continue reading...

Go to VA State Page
origin Blog: 
origin Author: 
Comments Count: 
0
Showing 0 comments