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53: Getting Smarter, Faster & Better

The Psychology Podcast

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Basian Statistics - What's to Much Decision Making?

basian statistics is a way of figuring out how to predict the future when you have limited knowledge. We're much better at accurately forecasting whether someone has breast cancer if we take into consideration how many times we've been right or wrong in the past, instead of simply just looking at pure statistics. Our instinct can recognize patterns and can see things at maybe we're not even totally conscious of. If we allow our instincts to help guide us, then we oftentimes make much better decisions.

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