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.
  
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?