No. #40
Neglect of Probability
- Ignoring Statistical Likelihood
The neglect of probability is the tendency to disregard probability and statistical likelihood in decision-making. This bias can lead to prioritizing features or initiatives based on anecdotal evidence rather than data-driven analysis.
Read more on WikipediaProduct example
Ignoring the low probability of a specific app crash occurring, a team might allocate excessive resources to fixing an issue affecting a very small percentage of users.
Empathy tips
Probability Education
Educate teams on basic principles of probability and statistical analysis.
Risk Assessment
Implement risk assessment protocols that consider statistical likelihood.
Prioritization Frameworks
Use prioritization frameworks that include probability as a factor.
Data-Driven Decision-Making
Foster a culture of data-driven decision-making, emphasizing the role of statistical likelihood.