Ed Carmichael

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“Bayes’ theorem requires us to estimate two things: 1) how likely are we to see a poor Senate performance when the nominee is destined to fail and 2) how likely are we to see a poor performance when the nominee is bound for approval?”
Ed Carmichael
So in Bayes’ theory it seems like we’re really factoring in how likely it is that any given event is an outlier
Superforecasting: The Art and Science of Prediction
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