What is Survivor Bias?
In: 1017
“Look at these amazing old buildings. They used to be constructed so much better back then!”
False conclusion. The majority of older building are gone because they are inferior. The few examples that survived are the very few buildings that are exceptionally well-built.
If we only use those buildings as a point of comparison, we are drawing a bad conclusion based on a sample set that doesn’t fully represent all older buildings.
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