We used to explain the original false claim to insurance regulators and similar groups, in the context of “100-year events” by having them roll 6 dice at once a few times. It’s surprisingly useful for non-specialist intuitions.
We used to explain the original false claim to insurance regulators and similar groups, in the context of “100-year events” by having them roll 6 dice at once a few times. It’s surprisingly useful for non-specialist intuitions.