Calibration is one of the most powerful and proven ways to improve decision-making. In this Calibration training, participants will learn how to assess subjective probabilities in a way that can be both measured and measurably improved. Each participant will see their ability to assess probabilities improve during a series of exercises where they are required to make estimates of uncertain quantities. Between exercises, they will learn additional techniques to continuously improve each estimate. By the end of the training, participants will see that their assigned probabilities reflect real uncertainty – that is, they are right 80% of the time they are 80% confident, 90% of the time they are 90% confident, and so on. This is a skill that will stick with those who learn it for a long time and will completely change how they think about estimations and probabilistic models.
Included in this package is a one-hour session, Introduction to Applied Information Economics: The Need for Better Measurements.
Scheduling and Deliverables
Each participant will receive an email 1-2 days prior to the webinar date with an email containing an invite to the Webex presentation. Just click on the link to join the Webex on the scheduled day; no prior registration is required.
Following the presentation, each participant will receive another email with:
- A recording of the presentation
- The slide deck used in the presentation
- Any other supporting material mentioned in the training
Schedule a Private Webinar for Your Organization
We offer private webinar sessions for an organization with special discounted group rates. Contact us for more information and to schedule your next training session.