Question 3
Black Swan Concept
This theory was proposed by the Nassim Nicholas Taleb in his book 'The Black Swan' in the year 2007 that is utilized to define the influence of actions that come as a shock in communal aspects. Besides, this particular theory is a mixture of mathematical and logical thinking to clarify and define the randomness of improbability. There are three major features of this theory namely thrilling impact, reco…
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