The Statistician Who Ate Humble Pie
Why are business and economic forecasts so often wrong, and why can’t they be improved? In a new feature from s+b — Author’s Choice — leading writers select and introduce passages from notable books. In this piece, Nassim Nicholas Taleb, author of The Black Swan: The Impact of the Highly Improbable, introduces an engaging lesson in business forecasting from Dance with Chance: Making Luck Work … [ Read more ]
Content: Article | Authors: Nassim Nicholas Taleb, Spyros Makridakis | Source: strategy+business | Subject: Statistics