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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts
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To: Jorj X Mckie who wrote (51375)9/7/2000 3:00:49 AM
From: Cheeky Kid  Read Replies (3) of 63513
 
The Astrology myth:

skepdic.com

SNIP:

Also, while it is true that the odds are inconceivably large that anyone would make more than 20 straight passes at the craps table, it's happened. Given enough craps games, the inconceivable will become the frequent. In short, what seems to defy the "laws" of statistics, may not do so when examined more carefully.

SNIP:

Basically, to say astrology works means that there are a lot of satisfied customers. It does not mean that astrology is accurate in predicting human behavior or events to a degree significantly greater than mere chance. The main support for this argument is in the form of anecdotes and testimonials. There are many satisfied customers who believe that their horoscope accurately describes them and that their astrologer has given them good advice. Such evidence does not prove astrology so much as it demonstrates the effects of cold reading, the Forer effect, and confirmation bias. Good astrologers give good advice, but that does not validate astrology. There have been several studies which have shown that people will use selective thinking to make any chart they are given fit their preconceived notions about themselves and their charts.
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