Why average can get your predictions very wrong (ep. 102)

<p>Whenever people reason about probability of events, they have the tendency to consider average values between two extremes.  In this episode I explain why such a way of approximating is wrong and dangerous, with a numerical example.</p> <p>We are moving our community to <a href='https://join.slack.com/t/datascienceathome/shared_invite/zt-dj1oluhu-MT9DoD5gqsAX4o6POmfnVQ'>Slack</a>. See you there!</p> <p> </p> <p> </p>