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Author Question: What is one caution you should observe when encountering personal probabilities that are reported in ... (Read 54 times)

mckennatimberlake

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on: Jul 24, 2018
What is one caution you should observe when encountering personal probabilities that are reported in the media?

Question 2

Name two restrictions on personal probabilities, from a statistical standpoint.


randomguy133

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Reply #1 on: Jul 24, 2018
Answer to Question 1

THEY CAN BE VERY DIFFERENT FROM PERSON TO PERSON; THEY CAN BE LESS SCIENTIFICALLY SOUND' THAN THE RELATIVE FREQUENCY APPROACH.

Answer to Question 2

1) THEY MUST FALL BETWEEN 0 AND 1 (OR BETWEEN 0 AND 100); 2) THEY MUST BE COHERENT  THAT IS, YOUR PERSONAL PROBABILITIES OF TWO EVENTS CAN'T CONTRADICT EACH OTHER.


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mckennatimberlake

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Reply #2 on: Jul 24, 2018
Thank you!


randomguy133

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Reply #3 on: Jul 24, 2018
Always glad to help...


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