Status: Tags: Links: Decision-Making
Educated Guesses
Also known as Archer’s mindset/Pin the tail on the donkey
Principles
- Technically, all guesses are educated guesses since we don’t always know everything
- We always know something, and something is better than nothing
- Data, experiences, etc
Benefits
- The extra information we consider can have significant effects on our probability
- Can help us gain more information for the next run
References: