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Episode 66: Superforecasting

The Studies Show

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Understanding Probabilistic Language and Forecasting

This chapter explores how people interpret probabilistic language, analyzing common terms associated with uncertainty and their corresponding probability ranges. It discusses the Brier score as a metric for evaluating the accuracy of forecasts, highlighting the balance between confident predictions and the risks of inaccuracies. The conversation emphasizes the challenges experts face in making objective predictions, revealing that many do not perform better than random chance.

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