Earlier quoted context omitted.
This goes beyond project estimations. The Metaculus tournaments have questions like > Will YouTube be banned in Russia before October 1? These are the kinds of questions most people I meet would claim are impossible to forecast accurately on because of their supposed uniqueness, yet the Metaculus community does it again and again. I believe the problem is a lack of statistical literacy. Back in the 1500s shipping ins…
I know you're coming from a good place, but the 'most people I meet don't understand this' line about statistics is quite arrogant. Most people you meet are fully capable of understanding statistics; you should do a better job of explaining it when it comes up, or maybe you are the one who misunderstands. After all, most statisticians thought Marilyn vos Savant was wrong about the goats too...
I might be over reaching but in fact what comes across as arrogance is just an example of statistical illiteracy.
Most (>> 50 percent of) people are very good at detecting patterns. People are very bad at averaging numbers of events, because the detected patterns stand out so much and are implicitly and unconsciously exaggerated.
An example. "in my city people drive like crazy" in fact means: this week i was a lot on the road and i saw 2 out of 500 cars that did not follow the rules and there was even one honking. It 'felt' like crazy traffic but in fact it was not.