probability and statistics
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Oct 1, 2019 by Jim Collins · across every show →
Everything said about probability and statistics, oldest first
Oct 1, 2019
Collins: Human cognition is not evolutionarily wired for probabilistic thinking
“Even people who've been trained in statistics and probability make probabilistic errors all the time, because for whatever evolutionary reason, we don't naturally think that way. And so, you can make the right decision and still have a bad outcome.”