From the course: Nano Tips to Think Faster and Make Better Decisions with Shadé Zahrai
Avoiding flawed conclusions for stronger decisions
From the course: Nano Tips to Think Faster and Make Better Decisions with Shadé Zahrai
Avoiding flawed conclusions for stronger decisions
- Get this, the more Nicholas Cage movies that were released between 1999 and 2009 the more tragic deaths occurred in swimming pools. Was Nick responsible for these tragedies? Obviously not, this is an example of how easily two completely unrelated events can be shown to have some kind of relationship. Correlation does not always equal causation. So often we can fall into the trap of making assumptions about cause and effect relationships based on correlation alone. We might conclude that employee turnover was caused by flighty Gen Zs, ignoring other factors like low pay and poor culture. Just because two things are related doesn't mean one caused the other. Here are two steps to stay out of this trap. Stretch your mind to consider at least two alternative explanations. What else could have contributed? Seek out additional evidence about these alternative explanations. This strengthens your conclusions and helps you make better decisions.