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re: "Half the schools are below average" - not always true

Posted on 9/30/14 at 6:58 pm to
Posted by SettleDown
Everywhere
Member since Nov 2013
1333 posts
Posted on 9/30/14 at 6:58 pm to
quote:

According to Taleb (I forget if he cites a source or not) - doctors will give the wrong answer almost every time.

Almost everyone will give the wrong answer almost every time.

The general public has a tough time figuring out 20% of 150 of the top of their heads; they darned sure aren't gonna get that question right.
Posted by buckeye_vol
Member since Jul 2014
35247 posts
Posted on 9/30/14 at 7:02 pm to
quote:

Almost everyone will give the wrong answer almost every time. The general public has a tough time figuring out 20% of 150 of the top of their heads; they darned sure aren't gonna get that question right.


PhD level mathematicians and statisticians thought Savant incorrectly solved the Monty Hall problem. Conditional and Bayesian probability is often difficult to reason quickly.
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