While we should have more information, oftentimes it’s not possible. So we have to make decisions based on incomplete information, though obviously after obtaining as much information as possible within some limitations.
Best approach is to use probability, basically if the outcome is roughly over 75% likely to happen it’s already good enough and the negative consequences aren’t that bad.
Obviously it’s still guessing as we sadly aren’t computers or have brain implants yet, it’s good enough.
Yeah that will happen from time to time. Have to just deal with it and myself that i made the best possible decision based on available information at that time.
While we should have more information, oftentimes it’s not possible. So we have to make decisions based on incomplete information, though obviously after obtaining as much information as possible within some limitations. Best approach is to use probability, basically if the outcome is roughly over 75% likely to happen it’s already good enough and the negative consequences aren’t that bad.
Obviously it’s still guessing as we sadly aren’t computers or have brain implants yet, it’s good enough.
John Buchan would be supportive.
However, all too often does later information show the inaccuracy of earlier probability estimates.
Yeah that will happen from time to time. Have to just deal with it and myself that i made the best possible decision based on available information at that time.