2 ms·
sure, I didn't mean to imply that lack of basic understanding caused the financial crisis, but watching the movie (the Anthony Bourdain skit) and not having any
by riffraff 7y ago
sure, I didn't mean to imply that lack of basic understanding caused the financial crisis, but watching the movie (the Anthony Bourdain skit) and not having any knowledge of this stuff the first thing you'd think is: how could the soup be rated higher than the fish leftovers?
Understanding the probability bit explains that the trick depends on different modeling, not just on repackaging.