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The Ludic Fallacy Explained

The Incerto Podcast

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The Ludig Fallacy and Predicting Life

The Ludig fallacy is the misuse of measuring games to model real-life situations. The black swan proves that models based on an understanding of dice Or probability they are eventual victims of the Ludig fallacy. To lab argues that the study of statistics is only actually applicable in certain domains such as casinos and games where like I said earlier all of the variables are visible and defined.

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