William Flynn Wallace
foozler83 at gmail.com
Wed Jul 21 15:36:58 UTC 2021
This book by Kahneman and two others needs to be read by anyone who
predicts anything, rates anything, like employees or management or plans
for a family or a company. Some statistical knowledge is very helpful.
Example: one person judging whether an immigrant should be admitted to our
country admitted 5% of them - another one 80%. This is noise in the
system. Judges giving parole, or giving sentences, vary tremendously and
the book has several ways to decrease noise.
Various kinds of bias are treated also, including most of the ones you
already know, like confirmation bias.
Very strongly recommended.
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