Noise: A Flaw in Human Judgment – Understanding the Hidden Errors in Decision-Making
Let us say you’re holding a stopwatch. Try to stop it when you think exactly 10 seconds have passed. Do it a few times. Did you hit exactly 10 seconds every time? Most likely, no. Sometimes you’re a little early, and sometimes a bit late. These little inconsistencies are random errors. This randomness is called […]
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