The term ________ is used to describe an extremely rare event that is difficult or nearly impossible to predict, but which can have an immense impact in areas such as technology, finance, and science.
A)honeypot
B)Trojan horse
C)black swan
D)long tail

Question

Quizplus · Accepted Answer

The term "black swan" is used to describe these types of events. It was popularized by the writer and statistician Nassim Taleb in his book "The Black Swan: The Impact of the Highly Improbable." The term references the belief that all swans were white, as that was the only color that had been seen, until the discovery of black swans in Australia, which challenged that assumption. Similarly, black swan events challenge our assumptions about what is predictable and what risks we face.

The Term ________ Is Used to Describe an Extremely Rare