Rajkumar Dhanasekaran

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The importance of the base rate was made famous by the psychologist Daniel Kahneman, who coined the phrase ‘the outside view and the inside view’. The inside view means looking at the specific case in front of you: this couple. The outside view requires you to look at a more general ‘comparison class’ of cases – here, the comparison class is all married couples. (The outside view needn’t be statistical, but it often will be.)
How to Make the World Add Up : Ten Rules for Thinking Differently About Numbers
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