Post#8 » by threrf23 » Thu Mar 26, 2009 5:54 am
I've started a few statistically inclined threads on this board. Obviously, I am a fan of statistics. I would have been interested to attend the MIT conference.
Anyways, I am a fan of statistics, but if I could cite one difference with the statistical community, it would be the same difference I have with most economists (and more generally the subject of economics). You just can't, or IMO shouldn't, take something that is clearly not an exact science and treat it as if it were an exact science.
I know the objection here is that nobody in the statistical community actually views basketball as an exact science, they are just aiming to analyze data to support other existing facets of player/team/etc evaluation. But that's besides the point. I am talking about the objectives of their statistical analysis and the way they treat the subject when seeking to meet those objectives.
Its like, engineers tend to be inherently programmed to create the perfect product from a functional/capability-wise standpoint, and in their quests to create the perfect product (which usually doesn't exist) they have a well established tendency to overlook usability issues that can be key to marketability. I'm used to dealing with inventors/entrepreneurs, and they tend to be instinctively trained/encouraged to be as opportunistic as possible. They'll often go after mass market success (which is often not achievable) and in the process its easy for them to overlook small niche markets which can be profitably targeted if done right. When statisticians begin using their computer software to find the perfect (or as close to perfect) formula which often doesn't exist, its easy for them to overlook some of the objectively solid and meaningful info which can be extracted from available data.
Now, to be honest, that paragraph above just sounds good, and I'm not sure its really like that. But its something to that extent. I do have to say, also, unless I misinterpret Bill Simmons, I actually think he hits this head on in his article. That impresses me.