How good are you at calculating risk? - Gerd Gigerenzer

How can we use statistics to evaluate risk? Dig into the difference between relative risk and absolute risk and how each is used in the news. -- A new drug reduces the risk of heart attacks by 40%. Shark attacks are up by a factor of two. Drinking a liter of soda per day doubles your chance of developing cancer. These are all examples of a common way risk is presented in news articles, and can often be misleading. So how can we better evaluate risk? Gerd Gigerenzer explores the difference between relative and absolute risk. Lesson by Gerd Gigerenzer, directed by Visorama. Animator’s website: Sign up for our newsletter: Support us on Patreon: Follow us on Facebook: Find us on Twitter: Peep us on Instagram: View full lesson: Thank you so much to our patrons for your support! Without you this video would not be possible! Rare Media, Rayo, Faizan , Elizabeth Gu, Nazmul Idris, Po Foon Kwong, Siobhan O’Connor Gwozdz, NinjaBoffin, Jesse Jurman, Josue Perez Miranda, Jan-Erik, Scott Markley, Kaitlyn holland, Elija Peterson, Michele Lynn Rose, Jai Prasanth, Vack91, David Lucsanyi, Xavier dupont, Marisa Miller, Boytsov Ilya, Steven Razey, Javier Aldavaz, Nathan Giusti, Mada Arslan, Joichiro Yamada, Ritul Raghavan, Aline de Paula Zillig, Yambu Ganesh Shaw, Abeer Rajbeen, John Hong, Minh Tran, Helen Lee, Anthony Benedict, Turine Tran, Mathew Samuel, Karthik Balsubramanian, Lee, Livia-Alexandra Sarban, Annastasshia Ames, João Henrique Rodrigues, Sebastiaan Hols, Aries SW, SANG HAN, Amy Lopez, ReuniteKorea, Vinh-Thuy Nguyen, Liz Candee, Clovis Norroy and Danielle Downs.