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The Reference Class Forecasting skill is a specialized tool for decision-making and project management that helps users avoid the 'planning fallacy' and 'inside view' bias. By identifying a class of similar past events and using their statistical frequency as a starting point, it forces an objective assessment before getting distracted by the specific details of a current case. This skill is essential for anyone needing to forecast project timelines, startup success, or complex multi-stage outcomes using a disciplined, data-driven framework that prioritizes historical base rates over optimistic narratives.