Unveiling Survivorship Bias: Lessons from Abraham Wald's Aircraft

During the tumultuous era of World War II, the United States found itself facing a critical challenge: how to enhance the protective armor of its aircraft to ensure their survival amidst the perils of combat. In pursuit of this goal, a group of diligent analysts embarked on a mission to scrutinize t

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Survivorship Bias—Abraham Wald and the WWII Airplanes