Debating and interpreting RPM as a metric and RPM estimates
Posted: Sun Aug 09, 2015 6:38 pm
http://espn.go.com/nba/statistics/rpm/_/sort/RPM
I am not particular about what gets discussed within a single thread; but some are. So fwiw, here is a separate thread for this angle, if any others want to use it too.
If Zaza ranked 16th highest on RPM estimate is a conversation killer; then instead ask how many of the top 20 are in reviewer's estimation top 20, 30 or 40. If they say they agree that 18 of the top 20 on RPM estimate are in their own view top 30 or 40, then you have laid a broad base of pretty similar evaluation at the top and that should help in rising above 1-2 substantial disagreements or maybe even a few more. Top 20 is a bit better than top 5%. Top 30, top 7%; top 40 within the top 10%. A disagreement over placement in top 20, 30 or 40 is splitting hairs to me.
If you take the entire RPM set of estimates and divide the ratings into a 5 tier system of great, good, average, below average and well below estimated impact, how many of the estimates would be judged by an insider as more than 1 tier away from their own independent estimates? How many of the estimates on a specific insider would be judged as being more than one tier different than the evaluation of a second insider? Some disagreement is to be expected. If a RPM skeptic or critic would actually do this, it would be interesting for the discussion. Take the list and mark it up. Do you disagree by more than 1 tier on 20%, more or less? Don't just cherry pick a few. Mark up the whole list and tell us how many are really "off" by more than one tier. There probably are some bad estimates. Looking at everything can help pick them out. Any method is probably going to have some outlier mistakes. Do you throw the tool away because of a few bad swings? And if you find that you agree within one tier on 70-95%, will you tolerate the tool or use it alongside everything else (which are imperfect estimates too) Who is being unreasonable or strident if you won't do that or tolerate that?
I am not particular about what gets discussed within a single thread; but some are. So fwiw, here is a separate thread for this angle, if any others want to use it too.
If Zaza ranked 16th highest on RPM estimate is a conversation killer; then instead ask how many of the top 20 are in reviewer's estimation top 20, 30 or 40. If they say they agree that 18 of the top 20 on RPM estimate are in their own view top 30 or 40, then you have laid a broad base of pretty similar evaluation at the top and that should help in rising above 1-2 substantial disagreements or maybe even a few more. Top 20 is a bit better than top 5%. Top 30, top 7%; top 40 within the top 10%. A disagreement over placement in top 20, 30 or 40 is splitting hairs to me.
If you take the entire RPM set of estimates and divide the ratings into a 5 tier system of great, good, average, below average and well below estimated impact, how many of the estimates would be judged by an insider as more than 1 tier away from their own independent estimates? How many of the estimates on a specific insider would be judged as being more than one tier different than the evaluation of a second insider? Some disagreement is to be expected. If a RPM skeptic or critic would actually do this, it would be interesting for the discussion. Take the list and mark it up. Do you disagree by more than 1 tier on 20%, more or less? Don't just cherry pick a few. Mark up the whole list and tell us how many are really "off" by more than one tier. There probably are some bad estimates. Looking at everything can help pick them out. Any method is probably going to have some outlier mistakes. Do you throw the tool away because of a few bad swings? And if you find that you agree within one tier on 70-95%, will you tolerate the tool or use it alongside everything else (which are imperfect estimates too) Who is being unreasonable or strident if you won't do that or tolerate that?