Reflection of calculated risk book by Gred Gigerenzer
3 pages (750 words)
, Book Report/Review
Calculated Risks by the cognitive scientist Gigerenzer has highlighted the fact that we are still living in the period of uncertainty, because we do not have the knowledge of statistical thinking. According to the author, risk and uncertainty is associated with every phase of our life, as the same can be seen while assessing damage in an accident or evaluating the medical screening procedure and results.