“Survivorship bias is a form of selection bias that can lead to overly optimistic beliefs because multiple failures are overlooked.”
“Survivorship bias is a form of selection bias that can lead to overly optimistic beliefs because multiple failures are overlooked.”
Reminds me of stats that were reported about the number of students who successfully landed co-op jobs each semester.
If a kid didn’t get a job before their study semester was over, they’d just take their next study semester early and hope to land a co-op job in the next semester.
The school wouldn’t include their headcount in the number of students who didn’t get a job that semester and the employment rate looked wildly successful.