Really good article explaining common statistical mistakes and paradoxes: http://quillette.com/2017/05/26/paradoxes-probability-statistical-strangeness/ …
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Replying to @gsvigruha
Nice article. Learned a lot. Re: this screenshot, it's not just the journalists who interpret the studies, but also the researchers themselves, both intentionally and unintentionally.pic.twitter.com/0VfreLGYHM
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Replying to @Molson_Hart @gsvigruha
Base rate fallacy is particularly common in controversial topics.
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Replying to @Molson_Hart
Oh yes, the commoditization of data+analytics software has this very nasty side effect. Lindy will sort it out :)
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Replying to @gsvigruha
I wouldn't be surprised if the Lindy effect only works, if you assume it won't going forward. In other words, If no one says those software suck, they'll continue to be used!
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Replying to @Molson_Hart
I think Lindy does not depend on being conscientious about it. What has value/serves purpose survives, what doesn't doesn't. Of course it could be the case that finding spurious meaning in data does have a purpose e.g. spiritual one. Just not truth.
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