Link to Tweet – x.com/nntaleb/status/1870801149185630394
Tag: Probability Theory
[YouTube] Correlation: The Intuition (Doesn’t mean what people usually think it means)
A maximally intuitive presentation on what correlation is not, with maximally simplified concepts. [Note that I improvise 100% and I don’t prepare] There is a more technical lecture to come.
The technical paper is here: Fooled by Correlation: Common Misinterpretations in Social “Science”
[YouTube] Central Limit Theorem – a Nontechnical Presentation
The CLT allows anyone (including ignorant economists and psychologists) to do statistics by using prepackaged recipes coming from the Gaussian. What are the foundations? How does it work? Where does it not work?