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Can you elaborate on why you think survivorship bias doesn’t apply here? If you fall off a ship in the middle of the ocean you might survive and those survivor
by niels_bom 4y ago
Can you elaborate on why you think survivorship bias doesn’t apply here?
If you fall off a ship in the middle of the ocean you might survive and those survivors may have had strategies but we just don’t know if the people that died did not have the same strategies. Same goes for this list I’d think.
- deleted 4y ago[deleted]
- eloisant 4y agoWe hear about hugely successful small teams because they made it and became famous. We don't hear about all the small teams who either fail, or keep a small (yet self-sustaining) revenue without ever becoming hugely successful. So listing examples proves that it's possible for a small team to achieve a huge success. It doesn't prove that a small team is more likely to achieve success than a bigger one.
- roenxi 4y ago> If you fall off a ship in the middle of the ocean you might survive and those survivors may have had strategies... They quite likely do have strategies. People with successful strategies are vastly over-represented in pools of survivors. Hence the bias. The pool of survivors is skewed towards successful strategies, and does not represent the population of people who attempted the thing. The bias would be noting that survivors used a range of clever strategies and then making tools available to support those strategies in an attempt to help people at sea. Survivorship bias is about noting that of course the survivors did things that worked, and to get better outcomes we need to focus on people using strategies that aren't represented when sampling from the pool of survivors.