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Mad Laddicus (lemmy.world)

submitted 3 days ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 10 hours ago

I mean, when I was learning statistics and econometrics, half of my professors stressed the limitations of various kinds of mathematical predictive models... by saying that we don't want to go from professionals to turning into astrologers.

Of course, this doesn't stop a lot of day trader dude bros and more recently crypto day trader dude bros from convincing themselves they've cracked the code...

But the point here is: Actual statisticians literally use 'astrologer' as a derisive slur.

And they are correct to do so, imo, lol.