Quiz · 4 questions
🦢 Normality Misuse: Black Swans and the Cost of the Bell
The second normal-distribution trick: knowing when not to use one
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Quiz
01What is a 'Black Swan' in Nassim Taleb's sense?
02Long-Term Capital Management (LTCM) was a hedge fund that collapsed in 1998. What was the statistical mistake at its core?
03Why does social-media virality NOT follow a normal distribution?
04When should you DISTRUST a normal-distribution-based 'sigma' statement?
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