The Flaw of Averages: Why We Underestimate Risk in the Face of Uncertainty
The Flaw of Averages explores why average values can produce flawed conclusions when uncertainty and variation matter. Sam L. Savage examines the ways people underestimate risk and presents a thoughtful approach to making better decisions in situations where outcomes are not predictable.
About This Book
The Flaw of Averages examines how averages can lead to misleading conclusions when used to understand uncertain outcomes.
Sam L. Savage focuses on the relationship between risk, variability, and decision-making.
The book explores why people may underestimate risk when they rely too heavily on average values.
It offers a practical perspective on thinking more carefully about uncertainty and the limits of simplified assumptions.
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