Base rate distributions
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Feb 4, 2021 by Michael Mauboussin · across every show →
Everything said about Base rate distributions, oldest first
Feb 4, 2021 neutral
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 …”