Difference between revisions of "Black Swan"

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A Black Swan is something so rare that you don't know how many of it you will have to see in order to prove that it doesn't exist.
 
A Black Swan is something so rare that you don't know how many of it you will have to see in order to prove that it doesn't exist.
  
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Why do we confuse improbability with impossibility?
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Humans have a bad habit of confusing improbability with impossibility. Comprehending rare events is not quite our forte.
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Example of Black Swan: our easyBus advert on BAA sites?

Revision as of 10:18, 28 May 2008

A Black Swan is something so rare that you don't know how many of it you will have to see in order to prove that it doesn't exist.

Humans have a bad habit of confusing improbability with impossibility. Comprehending rare events is not quite our forte.

Example of Black Swan: our easyBus advert on BAA sites?