By - Neal Cole

Is Survivorship Bias Destroying Your Optimisation Strategy?

Survivorship Bias & Website Optimisation:   During World War II, researchers at the US Center for Naval Analyses were given a difficult problem to solve. ¬†They were asked to recommend where to reinforce US bombers to reduce aircraft losses over enemy territory. ¬†They decided to conduct a review of the damage inflicted on US bombers that returned from combat missions.