A specific example: how safe is it to use a condom? When you look at the statistics of pregnancies per user per year, it is important to understand that a person who says “uhm, I usually use condoms, but I kinda forget to put one on at 50% of occassions” is still classified as a condom-user. So the safety for you is probably much better than the statistics suggests.
Another example: homeschooling. Seems to me there are essentially two types of homeschooling families: smart conscientious people who want to give their kids better education than the school system typically provides; and religious or other fanatics who want to protect their kids from exposure to sinful information. If you consider homeschooling your kids and look at statistics, it is important to realize that they are based on the average of these two groups, so your chances are better.
In both cases, the problem with looking at statistics for group B is that the group B has a big variance, and you have a good reason to believe you are much better than the average of B. (The group A may be better on average, but maybe it has much smaller variance, or maybe just you personally don’t have the same kind of advantage in A that you have in B.)
If you consider homeschooling your kids and look at statistics, it is important to realize that they are based on the average of these two groups, so your chances are better.
Haha, I just realized that can be true no matter which group you’re in. If you want to give your kids better education, statistics will say homeschooling isn’t great at that; if you want to protect your kids from sin, statistics will say homeschooling isn’t great at that either; but your chances of achieving your goal, whichever of the two it is, are better than statistics suggest. I wonder where else this kind of quirk happens.
Net decking vs custom building in Magic The Gathering (before 2010)
Buying index funds vs picking stocks (after doing Berkshire Hathaway levels of research)
Not gambling vs playing blackjack (as part of a card-counting bet-variance team)
Shooting a basketball from the floor vs dunking (if you’re tall enough)
In general:
Doing things the same way that worked in the past vs doing something different. Most mutations are deleterious, but doing things in the correct different way can have big benefits.
I don’t think there is a term, and don’t think there needs to be one. If someone else disagrees with me that’s fine, but situations where
1: you can consistently do far better than average by doing system B in a certain way
2: most people who use system B do worse
are so rare that it doesn’t need a term. Unless you can think of several specific examples?
A specific example: how safe is it to use a condom? When you look at the statistics of pregnancies per user per year, it is important to understand that a person who says “uhm, I usually use condoms, but I kinda forget to put one on at 50% of occassions” is still classified as a condom-user. So the safety for you is probably much better than the statistics suggests.
Another example: homeschooling. Seems to me there are essentially two types of homeschooling families: smart conscientious people who want to give their kids better education than the school system typically provides; and religious or other fanatics who want to protect their kids from exposure to sinful information. If you consider homeschooling your kids and look at statistics, it is important to realize that they are based on the average of these two groups, so your chances are better.
In both cases, the problem with looking at statistics for group B is that the group B has a big variance, and you have a good reason to believe you are much better than the average of B. (The group A may be better on average, but maybe it has much smaller variance, or maybe just you personally don’t have the same kind of advantage in A that you have in B.)
Haha, I just realized that can be true no matter which group you’re in. If you want to give your kids better education, statistics will say homeschooling isn’t great at that; if you want to protect your kids from sin, statistics will say homeschooling isn’t great at that either; but your chances of achieving your goal, whichever of the two it is, are better than statistics suggest. I wonder where else this kind of quirk happens.
Good point, I didn’t consider statistical bundling.
Actually, I don’t think statistical bundling is a commonly recognized term, but I see the use of it now.
Examples:
Pitching overhand vs sidearm in baseball.
Net decking vs custom building in Magic The Gathering (before 2010)
Buying index funds vs picking stocks (after doing Berkshire Hathaway levels of research)
Not gambling vs playing blackjack (as part of a card-counting bet-variance team)
Shooting a basketball from the floor vs dunking (if you’re tall enough)
In general: Doing things the same way that worked in the past vs doing something different. Most mutations are deleterious, but doing things in the correct different way can have big benefits.