On the misuse of Occam's Razor
This weekend I read an interesting post about Occam’s Razor but decided not to blog about it, until I came across someone misusing Occam’s Razor and couldn’t suppress the need to clear my throat. In a post about digital camera pricing, I read the following sentence: Occam’s Razor tells us that the simplest answer is the most likely one. This is not correct. Here’s how Wikipedia defines Occam’s razor: Occam’s razor, often expressed in Latin as the lex parsimoniae, translating to law of parsimony, law of economy or law of succinctness, is a principle that generally recommends selecting the competing hypothesis that makes the fewest new assumptions, when the hypotheses are equal in other respects. ...