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Friday, December 14, 2007
Occam’s Razor
Dec 14 2007 6:59AM | Permalink | Email this | Comments (0) |
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In many circles, Occams Razor is called the principle of parsimony. Which admonishes us to choose the simplest choice from a set of otherwise equivalent models. But that was then and now is now.
If we fast-forward to today’s definition of Occam’s Razor, it would sound a little different. Today’s definition might sound something like this:
The simplest explanation is usually the correct explanation.
In other words, if you have a number of answers and don’t know which one is right, the simplest answer is usually the correct answer. And as easy as Occam’s Razor seems, it’s quite accurate … and works on almost any problem. Take sales people for instance.
Why don’t sales people “catch up” with customers when they tour the models?
A simple problem that has all kinds of answers. And they range from one end of the spectrum to the other. Let’s do this. I’ll provide the answers … you apply Occam’s Razor. Just choose the simplest explanation. Here goes:
• It’s a “seller’s” market
• It’s a “buyer’s” market
• There’s no need to “catch up” up
The choice is yours.
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