The Ferrari Implications Are Self Evident

The Ferrari implications are self evident. So I will allow you to discover them in a small group learning experience while I sit over here and play Angry Birds. When we had three points, three pieces of information, but two things that we were trying to find values for a slope and an intercept, we found ourselves in that interesting position where we had too much money. And so the idea of the amount of information you have relative to the number of things that you're trying to estimate is absolutely at the core of identification. That's one criterion. If we all agreed that that was a criterion, then boom, even though all the points don't fall on that line, we would find ourselves in