How We’re Fooled By Statistics When Getting Negative Feedback

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Interesting reel from Veritasium.

How We’re Fooled By Statistics. Is punishment or reward more effective as feedback? Do new medical treatments really work? What about streaks in sport? Without considering regression to the mean, we are prone to making significant errors.

Click here to watch the explanation on YouTube:

I think a lot about Dale Carnegie, and different methods of giving feedback, but this is an interesting twist to it.