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Information Processing: Bounded cognition
Many people lack standard cognitive tools useful for understanding the world around them. Perhaps the most egregious case: probability and statistics, which are central to understanding health, economics, risk, crime, society, evolution, global warming, etc. Very few people have any facility for calculating risk, visualizing a distribution, understanding the difference between the average, the median, variance, etc.

Risk, Uncertainty, and Heuristics: http://infoproc.blogspot.com/2018/03/risk-uncertainty-and-heuristics.html
Risk = space of outcomes and probabilities are known. Uncertainty = probabilities not known, and even space of possibilities may not be known. Heuristic rules are contrasted with algorithms like maximization of expected utility.

How do smart people make smart decisions? | Gerd Gigerenzer

Helping Doctors and Patients Make Sense of Health Statistics: http://www.ema.europa.eu/docs/en_GB/document_library/Presentation/2014/12/WC500178514.pdf
street-fighting  thinking  stats  rationality  hsu  metabuch  models  biases  distribution  pre-2013  scitariat  intelligence  neurons  conceptual-vocab  map-territory  clarity  meta:prediction  nibble  mental-math  bounded-cognition  nitty-gritty  s:*  info-dynamics  quantitative-qualitative  chart  tricki  pdf  white-paper  multi  outcome-risk  uncertainty  heuristic  study  medicine  meta:medicine  decision-making  decision-theory  judgement  grokkability-clarity 
july 2016 by nhaliday

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