Joined: Mon Dec 06, 2004 2:39 am
Posts: 15819
Location: Super Eagles Homeland
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The difficulties of statistical thinking describes a puzzling limitation of our mind: our excessive confidence in what we believe we know, and our apparent inability to acknowledge the full extent of our ignorance and the uncertainty of the world we live in. We are prone to overestimate how much we understand about the world and to underestimate the role of chance in events -- Daniel Kahneman (2011), Winner of the Nobel Prize in Economics
Winner of the Nobel Prize in Economics
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