Statistics are very hard to comprehend even when you’re actively trying to learn them. It’s counter-intuitive. After all, there are no 2.5 kids per household, there are no 0.4 men per country, and so on. Having a 1 in 6 chance of getting an ace at the roll of a dice means nothing really. In reality, you roll the dice, and you observe one of two results: You either get an ace or not. 50% chance, right? But if you roll a large enough amount of dice, you get 16.66% chance of getting an ace.

Mind. Blown.

Note: This is not financial advice. You should consult your accountant or your financial advisor for any decisions you make.

Here’s Anastasia to explain some basic statistics for you in short but informative videos: https://twitter.com/desperatemath/status/1392527598505369606?s=20

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