19 Apr 2024 12:52 pm
What is the Survivorship Bias?
Survivorship bias is a cognitive shortcut that occurs when a successful subgroup is mistaken as the entire group, due to the invisibility of the failure subgroup. The bias’ name comes from the error an individual makes when a data set only considers the “surviving” observations, excluding points that didn’t survive.1
https://thedecisionlab.com/biases/survivorship-bias
a successful subgroup - this would be a Sample.
the entire group - the Population
the failure subgroup - mortality
when a data set only considers the “surviving” observations - why "mortality" can describe the "failure subgroup"
excluding points that didn’t survive -
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