Interactive Redundancy

Redundancy is ambiguous because it seems like a waste if nothing unusual happens. Except that something unusual happens-usually. – Nassim Nicholas Taleb

Life assures little.

Recognizing that, many create contingency plans. Backup aircraft flight controls systems and duplicative car safety features save lives. Emergency generators keep hospital lights on.

As history shows judges favor local athletes, many sports force even-handed results through mandated redundancy. In A, only three of the seven scores will count for the diver (B).

Rather than rely on a single Value estimate, Hypernomics takes redundant cuts at market reactions. In C, the general aviation aircraft market values horsepower and speed. However, those features correlate with one another. We can use that to our advantage. Equations 1 and 2 use horsepower to drive Value. The 3rd equation uses speed. Equation 4 combines them. Various groupings of valued traits should be tested, with outlying results discarded as in diving.

Excel has many handy controls in its Developer menu. In C, Scroll Bars drive inputs for Equations 1-4, letting users place products in market gaps interactively, in the manner of my most recent post.

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