Regression neglect
An extreme result drifts back to average on its own, and we look for the cause in what we did.
Probability — Statistical intuition is weak, and it goes wrong in repeatable ways.
Atlas of cognitive biases · Probability
An extreme result drifts back to average on its own, and we look for the cause in what we did.
Probability — Statistical intuition is weak, and it goes wrong in repeatable ways.