24min chapter

The Science of Success cover image

Making Better Decisions, The Sophomore Jinx, & The Illusion of Objectivity with Dr. Richard Nisbett

The Science of Success

CHAPTER

Regression to the Mean and the Combination of Luck and Skill

This chapter explores the concept of regression to the mean and how luck and skill contribute to successful outcomes. It emphasizes the need to consider statistical principles and base rates for a more accurate understanding of reality.

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