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The predictive power of a scientific theory refers to its ability to generate testable predictions.[citation needed] Theories with strong predictive power are highly valued because they have practical applications.[citation needed] The concept of predictive power differs from explanatory and descriptive power (where phenomena that are already known are retrospectively explained by a given theory) in that it allows a prospective test of theoretical understanding.
Scientific ideas that do not confer any predictive power are considered at best "conjectures", or at worst "pseudoscience". Because they cannot be tested in any way, there is no way to determine whether they are true or false, and so they do not gain the status of "scientific theory". Theories whose "predictive power" presupposes technologies that are not currently possible constitute something of a grey area. For example, certain aspects of string theory[which?] have been labeled as predictive,[by whom?] but only through the use of machines that have not yet been built and in some cases may never be possible.[examples needed] Whether or not this sort of theory can or should be considered truly predictive is a matter of scientific and philosophical debate.
Examples[edit]
A classic example of the predictive power of a theory is the Discovery of Neptune as a result of predictions made by mathematicians John Couch Adams and Urbain Le Verrier, based on Newton's theory of gravity.
Other examples of predictive power of theories or models include Dmitri Mendeleev's use of his periodic table to predict previously undiscovered chemical elements and their properties (though largely correct, he misjudged the relative atomic masses of tellurium and iodine), and Charles Darwin's use of his knowledge of evolution by natural selection to predict that because there existed a plant (Angraecum) with a long spur in its flowers, a complementary animal with a 30 cm proboscis must also exist to feed on and pollinate it (twenty years after his death Xanthopan morgani, a form of hawk moth, was found which did just that).
Another example of predictive power is the prediction of Einstein's General Theory of Relativity that the path of light would bend in the presence of a strong gravitational field. This was experimentally verified by an expedition to Sobral in Brazil and the Atlantic island of Príncipe to measure star positions during the solar eclipse of May 29, 1919, when observations made by the astrophysicist Arthur Eddington seemed to confirm Einstein's predictions.[1] Although the measurements have been criticized by some as utilizing flawed methodology,[2] modern reanalysis of the data[3][4] suggests that Eddington's analysis of the data was accurate. Later, more precise measurements taken by radio interferometry confirmed the predictions to a high degree of accuracy.
Applications[edit]
The predictive power of a theory is closely related to applications. [according to whom?]
General relativity not only predicts the bending of light, but also predicts several other phenomena. Recently, the calculation of proper time of satellites has been a successfully-measured prediction, now incorporated into the method used to calculate positions via GPS.
If a theory has no predictive power, it cannot be used for applications.[citation needed]
References[edit]
- ^ F. W. Dyson, A. S. Eddington, and C. Davidson, "A Determination of the Deflection of Light by the Sun's Gravitational Field, from Observations Made at the Total Eclipse of May 29, 1919," Philosophical Transactions of the Royal Society of London. Series A, Volume 220 (1920) pp. 291-333 (available online from the Royal Society)
- ^ Harry Collins and Trevor Pinch, The Golem: What Everyone Should Know About Science, Cambridge University Press, 1993. (ISBN 0521477360)
- ^ Daniel Kennefick, "Not Only Because of Theory: Dyson, Eddington and the Competing Myths of the 1919 Eclipse Expedition," Proceedings of the 7th Conference on the History of General Relativity, Tenerife, 2005; available online from ArXiv
- ^ Phillip Ball, "Arthur Eddington Was Innocent," Nature, 7 September 2007, doi:10.1038/news070903-20 (available online 2007)
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Business Insider Australia
Wed, 29 May 2013 04:08:39 -0700
However, there isn't much footage of the Oracle of Omaha available before the 1980s. Reformed Broker Josh Brown points us to this rare 1962 interview with Buffett on ValueWalk.com. In this brief clip, Buffett discusses the predictive power of the stock ...
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Newswise (press release)
Wed, 19 Jun 2013 07:03:00 -0700
The predictive power of ANNs would likely increase over time, providing a "facile and powerful means or predicting survival" in patients with brain cancers or other conditions. The researchers conclude, "With the explosion in clinical data over the ...
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24/7 Wall St.
Wed, 19 Jun 2013 04:57:13 -0700
Based on 2013 EPS, FedEx is projecting EPS for 2014 in the range of $6.67 to $7.04. The consensus estimate calls for full-year EPS of $7.36. As a bellwether for the economy, FedEx's predictive power points to continuing softness. The company's CFO said:.
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Sacramento Bee
Tue, 18 Jun 2013 12:16:21 -0700
Lattice 2013 Industry Recognition In the first six months of 2013, Lattice received widespread industry recognition for its cloud-based sales and marketing applications' unique ability to increase conversion rates and revenue through the predictive ...
|  Wall Street Journal (blog) |
Wall Street Journal (blog)
Mon, 03 Jun 2013 03:31:10 -0700
MARKET SNAP: At 5:25 a.m. ET, S&P 500 futures up. Treasury yields lower. Nymex down 33 cents at $91.64; gold up 0.8% at $1,398.50. In Europe, FTSE 100 down 0.7%, DAX down 1% and CAC 40 down 0.9%. In Asia, Nikkei 225 down 3.7% and Hang ...
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The Progressive Pulse
Tue, 18 Jun 2013 06:51:25 -0700
So much for the predictive power of the Tax Foundation rankings for economic growth. 3. The business climate rankings are glaringly different than other business climate rankings, even those produced similarly conservative organizations. How can North ...
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www.waterstechnology.com
Tue, 18 Jun 2013 02:37:46 -0700
"There is no predictive power in evaluating the number of people talking about one company, because firms like Apple, Google, Facebook and JPMorgan, for example, are going to be in the top four almost every day," says Gits. Algorithms are able to ...
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Bizcommunity.com
Mon, 17 Jun 2013 22:27:40 -0700
In other words, it has predictive power, and to use that you have to try to control the future. You might have to take action against someone who might, on probability based on previous patterns, have a tendency towards behaving in a certain way.
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