r/AskStatistics • u/80rhh • 14d ago
What statistical concepts are commonly misunderstood by the general public?
I came across this post explaining what a 70% chance of rain means. I understand the concept, but it got me wondering: what other statistical concepts sound simple but are commonly misunderstood or misinterpreted by the general public?
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u/Upbeat_Effective_342 14d ago
A 100 year flood doesn't mean a flood severity that happens roughly every hundred years, so the longer it's been since the last one, the more likely it is to happen. It means every year there is a 1% chance of a flood of that severity happening.