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by 21
2991 days ago
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Bayesian statistics, there are different priors. The probability of a convicted person to do something criminal again is not the same as the risk of an random unconvicted person, just like the risk of a flood reoccurring in a previously flooded area: > According to an April 2011 report by the Pew Center on the States, the average national recidivism rate for released prisoners is 43%.[2] > According to the National Institute of Justice, about 68 percent of 405,000 prisoners released in 30 states in 2005 were arrested for a new crime within three years of their release from prison, and 77 percent were arrested within five years. > According to a national study published in 2003 by The Urban Institute, within three years almost 7 out of 10 released males will be rearrested and half will be back in prison. https://en.wikipedia.org/wiki/Recidivism |
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Some ridiculous percentage of startups fail, yet not all startups have the same risk of failure.
That's also why it's not a good idea to dismiss a candidate on a single criterion unless you're randomly hiring.