Well, in my understanding, being an economics major, if it's over 30, it's maybe statistically important.
Well, in my understanding, being an economics major, if it's over 30, it's maybe statistically important.
You can't understand statistics. Human beings can't do it.
The thing that I always fixate on is the old story of the person... Who is about to call somebody on their old landline. I've experienced that a couple times. They are about to call somebody. The very moment they're about to call somebody, they pick up the phone and it's that person on the phone. And you think, holy shit, that's an amazing moment. Every day, 300 million people make a phone call. Every day they pick up the phone at a certain time. According to the laws of statistics, that will happen to you. Yeah. It's going to happen. If not to you, to somebody. But it feels weird. Just because it feels like it's, you know, it feels like you've been chosen. And it's just statistical inevitability.
Statistics are only as trustworthy as the methodology used to get them.