Wednesday, 3 October 2018

Survivorship bias

quote [ Researchers from the Center for Naval Analyses had conducted a study of the damage done to aircraft that had returned from missions, and had recommended that armor be added to the areas that showed the most damage. […] Wald proposed that the Navy reinforce areas where the returning aircraft were unscathed, since those were the areas that, if hit, would cause the plane to be lost. ]

Good examples of this phenomenon. Thumb via The Counterintuitive World
[SFW] [history] [+9 Interesting]
[by Paracetamol@9:10pmGMT]

Comments

Jack Blue said @ 9:19am GMT on 4th Oct
I thought about this recently. How we love talks of daring entrepenours (with rich families) who succeded. Noone ever go to a talk about a mount Everest climb that went smoothly. I think we would learn more from those who fail.

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