"A result is that in real life, **the larger the deviation from the norm, the larger the probability of it coming from luck rather than skills**: Consider that even if one has 55% probability of heads, the odds of ten wins is still very small" --- **Tags** -- [[quotes]], [[statistics]], [[data-analytics]], [[forecasting]], [[survivorship-bias]], [[fooled-by-randomness]], [[standard-deviation]], [[means]], [[regression-to-the-mean]] **Source** -- [[202410121132 - B - Fooled by Randomness]]