Which of the following describes a "black swan"?
A) highly likely and consequential event
B) highly unlikely but consequential event
C) highly unlikely and inconsequential event
D) something difficult to explain in retrospect

Question

Quizplus · Accepted Answer

A black swan refers to a highly unlikely but consequential event that disrupts the normal order of things and has a significant impact. It was popularized by Nassim Nicholas Taleb in his book "The Black Swan: The Impact of the Highly Improbable."

Which of the Following Describes a "Black Swan