Understanding Moments
gregorygundersen.com
Understanding Moments
Anscombe’s Quartet : Four sets of numbers that look identical on paper (mean average, variance, correlation, etc.) but look completely different when graphed. Describes a situation where exact calculations don’t offer a good representation of how the world works.
Morgan Housel • 100 Little Ideas
Once you get this second dimension into your thinking, you’ll notice yourself applying it everywhere.
Tim Urban • Page Not Found — Wait But Why
There are three important aspects of probability that we need to explain so you can integrate them into your thinking to get into the ballpark and improve your chances of catching the ball: Bayesian thinking Fat-tailed curves Asymmetries
Rhiannon Beaubien • The Great Mental Models Volume 1: General Thinking Concepts
such as the Kolmogorov-Smirnov test, the meaning of which, I have to admit, I had forgotten. (It’s a way to determine whether a model correctly fits data.)
Seth Stephens-Davidowitz • Everybody Lies: The New York Times Bestseller
The reason we need our second dimension—the Psych Spectrum—is because humans exist along a span of the Psych Spectrum. That’s why it’s a dimension.
Tim Urban • Page Not Found — Wait But Why
For any given subject or phenomenon, the y-axis (vertical) represents the complexity and the x-axis (horizontal) represents your degree of understanding. For any new subject, you start on the left with low complexity and low understanding. This means you have a lot of wrong assumptions and do not know how all the pieces fit together; you might thin... See more