4 ms·
Wouldn't it be easier to just add one success and one failure and calculate (events+1)/(trials+2) instead of events/trials?
by pps43 8y ago
Wouldn't it be easier to just add one success and one failure and calculate (events+1)/(trials+2) instead of events/trials?
- joshuamorton 8y agoI'm not sure what you mean.
- pps43 8y agoI'm talking about pseudocounts (add one success and one failure) [1] or maybe Agresti-Coull estimator (add two successes and two failures) [2]. [1] https://en.wikipedia.org/wiki/Rule_of_succession https://en.wikipedia.org/wiki/Rule_of_succession [2] http://users.stat.ufl.edu/~aa/articles/agresti_coull_1998.pdf http://users.stat.ufl.edu/~aa/articles/agresti_coull_1998.pd...