Quote from Daniel Kahneman
Amos and I called our first joint article “Belief...
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Amos and I called our first joint article “Belief in the Law of Small Numbers.” We explained, tongue-in-cheek, that “intuitions about random sampling appear to satisfy the law of small numbers, which asserts that the law of large numbers applies to small numbers as well.” We also included a strongly worded recommendation that researchers regard their “statistical intuitions with proper suspicion and replace impression formation by computation whenever possible.
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This quote is from Daniel Kahneman's book "Thinking, Fast and Slow". Want to read this book? Download "Thinking, Fast and Slow" on your computer, Android or iPhone in any format of electronic books!
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