Base Rate Distributions
topic on 1 show · 1 statements across 1 episodes
1 statements about Base Rate Distributions, every show
Mauboussin: Base rates are vastly harder to apply in power-law domains
“So some Base rate distributions are fairly well behaved, you know, things like sales growth rates for companies, obviously things like, you know, a lot of things that are normally distributed in life, like the heights of people and so forth. And then there is …”