Liberal Forum

Blackvegetable » Today, 6:34 am » wrote: ↑

Today, 6:34 am

To give some backstory here, I was exposing Veghead's stupid article about his usual presidential rankings. He was using a fallacy that is called "survivorship bias." Now, I don't expect people to know offhand what that means. However, given how much Veghead brags that he has superior aptitude in stats...and math in general, there was no need for me to define the fallacy. He should already know since it's a common term in stats. So, what did he think it meant? He took it literally and thought it meant dead presidents. LOL! The bolded quote at the end proves how intellectually superior he is. Image   I am left with no choice, but to publicly embarrass him.  @Blackvegetable I will never let you live this gem down. Survivorship bias = dead presidents. Image  Tell everyone how Survivorship bias affected the results of the APSA survey

          Your stalling won't protect you. Nothing will. 



Which scenario is an example of survivorship bias in evaluating business success?

A) Believing that reading business books increases revenue after finding many CEOs recommend them.
B) Concluding that most startups fail after analyzing bankrupt companies.
C) Thinking entrepreneurship is easy because most media profiles focus on successful founders.
D) Surveying customers to understand why they chose your product over competitors.