We Need to Let Go of the Bell Curve
Most human activities as well as many disciplines — from physics and biology to linguistics, finance, and computer science — follow a Pareto distribution instead of a “normal” Gaussian curve. In Pareto distributions, a small change in one variable is associated with a large change in another, because it reflects variables multiplied with each other rather than added to each other, as in the normal distribution. This is also referred to as a “power law.” This isn’t an obscure intellectual point, but instead carries serious practical consequences. Because of this error, our approach to most problems is, at best, suboptimal. What does this mean for business leaders? The author presents three practical implications for innovation, risk management, and people.
Stress and the Pressure Performance Curve – Delphis Learning
Adrian Gore warns against a common error with serious implications
Normal distribution- Principles
We Need to Let Go of the bell curve - Issuu
Angie Rodríguez V. (@Angrodrigv) / X
Bell curve appraisals – Good or Bad? - Springworks Blog
What are Overlapping Bell Curves and how do they affect Quora
s3.aws.com/prod-hmhco-vmg-craftcms-public/WF
Cristian Eugen Ilie (@CristianIlie_) / X
Adrian Gore warns against a common error with serious implications