a pronoun problem
The passage comes from the website below.
https://glose.com/book/five-ways-of-thinking-clearly/1-why-you-should-visit-cemeteries-survivorship-bias/a54ed For example, it is much more common that we overestimate our knowledge than that we underestimate it. Similarly, the danger of losing something stimulates us much more than the prospect of making a similar gain. In the presence of other people we tend to adjust our behaviour to theirs, not the opposite. Anecdotes make us overlook the statistical distribution (base rate) behind it, not the other way round. I'd like to ask a question regarding the underlined 'it'.
At a glance it seems to refer to 'the Anecdote'.
But the fact that 'anecdote' in this sentence is plural makes me hesitate my decision.
Can you confirm it for me?
One more question about 'the other way around'.
'The other way round' seems to imply that the statistical distribution made us overlook anecdotes behind
it [=the statistical distribution]
Am I right?
Regards.