Fallacy of mechanistic statistics in risk debates…

Fallacy of mechanistic statistics in risk debates:
If we wanted planes to be safe “with statistical significance” that is 99% confidence level we’d have between 400 and 2500 crashes a day.The point is that risk management uses a much much higher degree of rigor than statistics, something GMO-idiots are not getting.

via Fallacy of mechanistic statistics in risk… – Nassim Nicholas Taleb.

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