4min chapter

The Joe Walker Podcast cover image

The Shape Of Probability - Harry Crane

The Joe Walker Podcast

CHAPTER

The Base Rate Fallacy

Kahneman Tversky argued that this 80% figure is ignoring the base rate, which is this percentage of cabs that are green and blue in the city. The Linda problem isn't something that I have a very good kind of response to," he says. "There could be a lot of reasons there that we don't know about cab drivers"

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