4 ms·
Just telling people to "think like a statistician" is enough to make them consider base rate information, so I wouldn't say that the article is useless, even if
by ericdykstra 11y ago
Just telling people to "think like a statistician" is enough to make them consider base rate information, so I wouldn't say that the article is useless, even if the content is a little lacking in the specifics.
- stdbrouw 11y agoWell, if you really want to learn how to think probabilistically in everyday life, I'd recommend Douglas Hubbard's "How to Measure Anything" which contains detailed advice for how to calibrate your estimates (so you don't continually over- or underestimate the probability of various events) and how base risk management and strategic decision making on this knowledge. Probably useful for the startup folk here. http://smile.amazon.com/How-Measure-Anything-Intangibles-Business-ebook/dp/B00INUYS2U/ http://smile.amazon.com/How-Measure-Anything-Intangibles-Bus...