What is the most dramatic case you've ever seen of someone using a point estimate with a common loss function in a way that had disastrous consequences? (i.e. had they minded the distribution their conclusions / policy Rx would have been different; and, the harm was realized.)
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@yudapearl who I would bet has a good one, since the#bookofwhy had many incredible and vivid stories.Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo
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There’s also the thing with professional dog breeding. Purebred King Charles Spaniels have skulls to small for their brains, so they have seizures and other health issues. Non purebred don’t have these issues, due to introduction of other breed genetics. Distro of genetics :)
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Oh. Abstract, but interesting!
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Yikes, how did I not think of this one! It skewed my sense of reality for a long time, as my old writings confirm: https://medium.com/@generativist/what-if-b470e2f3be54 …pic.twitter.com/voRsLtTTQ6
End of conversation
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I think economic I equality is a great illustration of how distributions matter, when you consider that "median wealth" includes very few people with billions and a lot of people at zero.
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I think potentially much of Nassim Taleb's work would contain examples ...
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