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Base Rate and Mean Regression
Posted on Author saltshaker
How can you make predictions on whether certain things will happen? One effective way is to keep the base rate in mind. This refers to a statistical base, which other statistics rely on. For example, imagine a large taxi company has 20 percent yellow cabs and 80 percent red cabs. That means the base rate for yellow […]
Note the Antidote
Posted on Author saltshaker
I approach fear the same way I approach almost everything else in life: with an antidote. Here’s what I mean: anger and gratitude, for example, cannot coexist in the same thought; it is cognitively impossible. The moment you are angry with your spouse, for example, is the moment you stop being grateful for having them […]



