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117. Gut Feelings by Gerd Gigerenzer

Education Bookcast

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Taking the Best vs Multiple Regression

The author gives us an example of a certain marty brown, who is the father of two tnatees. He contemplates two high schools he might send his youngest son to, white high and grey high. Haunted by his elder son's dropping out of school, marty searches for a school with a low drop out rate. Neither school provides reliable information about their drop out rate to the public. So that's the situation. You don't actually know the drop-out rate. And again, he has this theme of simplicity and also this theme of ignorance, or benefits of ignorance, in a sense.

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