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#39-Bob and Julia discuss the base rate fallacy, superforecasting, and regression to the mean
This episode focuses on the power of understanding statistics and probability, including how avoiding base rate neglect can help you make better decisions. Also discussed are: superforecasting (what it takes to make more accurate predictions of future events) and the power of understanding the statistical principle of regression toward the mean.
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By Bob Froehlich-Retired Chemist, Counselor, Psychology Professor and Julia Minton-Technology Consultant
4.6
2323 ratings
This episode focuses on the power of understanding statistics and probability, including how avoiding base rate neglect can help you make better decisions. Also discussed are: superforecasting (what it takes to make more accurate predictions of future events) and the power of understanding the statistical principle of regression toward the mean.
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