Bias vs noise - Deepstash
Bias vs noise

Bias vs noise

Bias in an average error. It is also a psychological mechanism that causes systematic errors in people's judgments. It explains why an individual will make one mistake over another.

Noise is the phenomenon of individual differences. It's variability across individuals.

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makidd

I see video and web as a way to reach and inspire people.

Noise is unwanted variability in judgments. Noise covers another way we make systematic errors in decision-making.

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