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Boosted by jsonstein@masto.deoan.org ("Jeff Sonstein"):
drahardja@sfba.social ("Dave Rahardja") wrote:
WOW. This was an outstanding episode of Veritasium on the Power Law probability distributions (i.e. probability distributions described by an *exponential* relationship between the variables). I never realized these types of probability distributions are so common, and that they behave in such similar ways to each other.
Even more bizarrely to me, there appear to be many systems in nature that *spontaneously* organize themselves in a way to exhibit Power Law probability distributions. In fact, I suspect that “black swan” events are possibly a symptom of mistakenly perceiving a Power Law distribution phenomenon as one exhibiting a Normal or even Log-Normal distribution.