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10min chapter
Chance, Risk, and the Art of Uncertainty, with Sir David Spiegelhalter
Many Happy Returns
Navigating Uncertainty: The Realities of Prediction
This chapter explores the uncertainties and limitations in model selection and prediction, particularly in finance and sports. It emphasizes the randomness involved in outcomes, the dangers of misinterpreting rankings, and the need for robust models that consider extreme events in forecasting.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode