‘Spectrum’ as a mathematical term means an entirely different thing (suddenly reminded be of the ‘standard variance’ incident, which was apparently an erroneous conflation of ‘standard deviation’ and ‘variance’, by the way). If you’re trying to explain ideas in your own words, that’s fine, but let’s just not confuse it with (mathematical) terminology.
By the way, technically, it does — the entire domain of the distribtution function. 
Not that it’s very useful practically, of course…
Anyway, since you’ve mentioned it again — that by itself is not necessarily a problem, including mathematically rational decision-making (all that Bayesian ‘magic’ and whatnot… I think we’ve touched the subject slightly already).
No, it’s not. I’m merely pointing out that, on the most trivial level, in a zero-sum game like this, ‘positive’ and ‘negative’ riggings for many players would cancel out, and you wouldn’t see the effect; moreover, amalgamation of sets might introduce a new ‘bias’ (have you taken a look at the aforementioned Simpson’s paradox? I’d highly recommend it if you’re not familiar, it’s a good one), so simply having ‘bigger data’ might not necessarily make your results better — sometimes, in fact, quite the contrary, that was my point.
As a reference, even this would do:
https://en.wikipedia.org/wiki/Simpson%27s_paradox
A side note: I’ve been berating this dubious ‘source’, and for a good reason — if you look at anything even slightly sensitive, political etc, that WikiDumpster looks heavily curated at least or utter totalitarian propaganda at worst, so I wouldn’t trust it one bit, but a number of purely technical articles in the US version have apparently been written by students, enthusiasts etc citing actual decent books and literature, thus some material isn’t that bad there (and not that it’d interest many people but ‘nerds’ anyway, so there’s no point in machinations there) — in fact, it can occasionally be useful.
PS One more thing… Can’t believe I’m saying it, but I’m really glad it’s you who showed up in this topic. On the personal level, you might be… you , but at least you can operate with facts and rational arguments (when not trolling and such, that is) — there’s that, and I do like conversations of this kind.