> Statistically prediction and description are two sides of the same coin. Even a simple average is both.
I'll restate your comment in my language in the hopes of making it clearer. First, the mean is a descriptive statistic. Second, it is possible to build a very simple predictive model using the mean (over observed data).
Ok, but I don't see how this applies to my comment above. Are you disagreeing with some part of my comment?
You're using a metaphor "two sides of the same coin"... what is the coin here? How does it connect with my points above?
I'll restate your comment in my language in the hopes of making it clearer. First, the mean is a descriptive statistic. Second, it is possible to build a very simple predictive model using the mean (over observed data).
Ok, but I don't see how this applies to my comment above. Are you disagreeing with some part of my comment?
You're using a metaphor "two sides of the same coin"... what is the coin here? How does it connect with my points above?