Is there Something to Learn from Bayes' Theorem That Will Change Your Perceptions of Risks?
In this episode, Ricardo explores the practical facets of Bayesian thinking, demonstrating how previous events and knowledge can reshape our evaluation of future risks. In his discussion, he avoids complex formulas, highlighting the theorem's real-world implications. He also underscores the significance of 'triggers,' events or facts that provide additional information, refining our grasp of probabilities.