This was clarified by explaining the distinction between an incorrect prediction (e.g. a statement that does not predict the direction of change of a measured variable) versus one that, when tested, is not supported by the data.
It is always difficult to predict the direction of political change.
But no one can predict the direction of scientific discovery and its technological application.
Farecast.com, which gathered a following with technology that enables it to predict the direction of airfares on a particular route, is back with another innovation that it says can distinguish the best deals in air travel.
The Shell boss was reluctant to predict the direction of future oil prices but he expected them to start moving up from Thursday's level of mid-$34 towards $50 over the next 12 to 18 months.
While answering questions, he also cautioned those trying to predict the direction of the winds in the coming months – from the French presidential election to the shape of the Trump administration.
WASHINGTON — The Federal Reserve is moving toward providing more information on its goals and expectations as a way of helping investors predict the direction of its policies, according to the minutes of the November meeting of its policy-making committee.
The acclaimed Jim Jarmusch film Broken Flowers is a strong second favourite, while the movie with the longest odds is the Kurdish drama Kilometre Zero. Malcolm knows Cannes as well as anyone, but admits that nobody can predict the direction of the prizes with any real accuracy.
Some objects are mere assemblages of atoms to us, and have only a physical dimension; when we think of them, he says, we adopt a "physicalist stance" — the stance we inhabit when, using equations, we predict the direction of a tropical storm.
Levy senior used basic economic statistics to predict the direction of the stock market.
The older Levy used basic economic statistics to predict the direction of the stock market.
