If you don’t consider probability or statistics as a value in motion, you’re likely to interpret the meaning incorrectly

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/notdevin
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Yeah, reality is always changing and in motion, therefore the numbers are as well

So are you saying, probability always changes and it’s never stagnant which is why you see it as a value in motion ?

People say a lot of things, the predominant behavior in the world says otherwise on this topic

Are there even people that thinks those values are fixed?, i doubt

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That’s a good question, we’re using the numbers to ideally improve an outcome, if we formulate the action based on incorrect interpretation of data then the options eliminate right for the right reasons from the logical set and the potential positive outcomes from the interpretation become less likely to be true 

Since this logic is itself not a binary choice but also a distribution then to apply it correctly here would have to say something like, getting things right for the wrong reason can be acceptable but ideally we would trend towards understanding that, learning how to handle probabilities in motion intuitively, is a ways off for the average of humanity

How does seeing probability as dynamic impact data interpretation?

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Nassim Taleb calls it a shadow mean, which I like in general but think it’s still too clinical and flat to really capture the dimensionality that’s present and ignored

Slammed, still go time, all /backpack things 🤘

So without putting statistics in retrospect, you’re gonna miscalculate (I’m guessing overestimate) results…is that what you mean?🤔

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I think it’s impact is in reducing our exposure to the right answer for the right reasons more than anything

Ah notdevin again 😀 always looking forward to your invaluable insights and yes, interesting point as always. It sounds like seeing probability and statistics as ongoing processes is crucial to understanding them correctly but also how do you think this approach impacts decision-making in situations with uncertainty?

Yeah, relying on a static point in time is definitely a recipe for disaster, esp in this day in age. Stunning how quickly the variables shift.

Yea,statistics are made up of dynamic numbers

Probability and statistics are dynamic in nature and constantly updated as new information comes in. How do we better train ourselves to embrace the uncertainty and fluidity that comes with probability, instead of seeking certainty where there is none?

Righttt
I mean obviously …even in form of education the figures aren’t exact 
It’s either this or that!

I wanted to study maths and statistics in sch before I changed so I understand..

Totally agree 
But how can you accurately calculate the probability of a particular motion’s outcome ?

Great point, do you apply this mindset when evaluating some decisions?

Also, how can I get a better understanding of these

What are some consequences of mid interpreting statistics data

Probability of what? Being stopped or moving faster?

I totally agree. Theres a big difference between seeing data as a fixed number and analyzing it through changes over time. How do you apply this concept in your everyday life?