We often make assumptions that are reasonable in one context, abstract it into a guideline and apply that guideline to a new situation. Often, it is difficult to assess whether these situations are close enough to apply what we know to what we don't. At base, this is the problem of induction. There is no … Continue reading One and One Sometimes Equals Eleven
Tag: predictions
Simple Risk Measurement
"Simple Risk Measurement is written to help you measure complicated risks using a process that’s simple enough to work out on the back of a napkin and powerful enough to organize a rocket launch. If you are an engineer motivated by the reduction of risk and are frustrated by how to measure your progress, you … Continue reading Simple Risk Measurement
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