Which of the following is incorrect about the ‘Black Swan’ events?
1
A black swan is a rare, unpredictable event that comes as a surprise and has a significant impact on society or the world.
2
They are extremely rare and outside the realm of regular expectations
3
The metaphor ‘black swan event’ is derived from this unprecedented spotting from the 17th century, and how it upended the West’s understanding of swans.
4
They are easily predictable due to their frequent occurrence in historical data.
5
Question Not Attempted