Ed Carmichael

19%
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If the meteorologist’s curve is far above the line, she is underconfident—so things she says are 20% likely actually happen 50% of the time (see this page). If her curve is far under the line, she is overconfident—so things she says are 80% likely actually happen only 50% of the time (see this page).
Superforecasting: The Art and Science of Prediction
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