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You should expect such a small country outlier given how this sort of thing is distributed. India's unicorns are concentrated in a few cities, which house a re
by nitwit005 3y ago
You should expect such a small country outlier given how this sort of thing is distributed.
India's unicorns are concentrated in a few cities, which house a relatively small portion of India's population.
- invalidname 3y agoIf that were true Taiwan would be higher in the ranking.
- thorncorona 3y agoI suspect if you adjusted for market cap, Taiwan would be higher ;)
- OJFord 3y agoNot every small country to be an 'outlier'.
- nitwit005 3y agoImagine randomly picking a hundred points on the globe. By coincidence, you pick one location in a small country. Now you look at the density of points by population, and that small country has an unusually high density. Grouping data by country tends to get you these small country outliers for almost any statistic.
- invalidname 3y agoThat data isn't random, it's based on countries, cultures, demographics etc. You see the correlation beyond number of unicorns. You see it in academic awards and achievements too. Claiming that data is just random seems lazy. If Israel is doing things right, it's worth studying why and emulating it elsewhere.
- nitwit005 3y agoI, of course, did not make any claim that the world is somehow random. That was what is known as an analogy.