4 ms·
He just tweeted about it: "When people talk about 500 y floods or 100 year rain, they are klueless abt tail distribution. The empirical distribution is NOT emp
by 21 9y ago
He just tweeted about it:
"When people talk about 500 y floods or 100 year rain, they are klueless abt tail distribution. The empirical distribution is NOT empirical!"
(and a picture with math equations)
https://twitter.com/nntaleb/status/902632121407299585 https://twitter.com/nntaleb/status/902632121407299585
- vacri 9y agoThe problem isn't the understanding of statistics, the problem is a grossly-misleading name.