4 ms·
Clearly this is a bad estimating rule for some processes. The one that popped into my mind is the probability of earthquakes (guess where I live...). This would
by fernly 8y ago
Clearly this is a bad estimating rule for some processes. The one that popped into my mind is the probability of earthquakes (guess where I live...). This would have the probability of an earthquake declining with each quake-free year that passes, where in fact the USGS would say the opposite.
- gugagore 8y agoThere's something that feels different about that. You're talking about the rate of some event occurring (like a Poisson process), and measuring how many occurrences are in an interval (a year). What are the 6 samples you are collecting? 6 years of numbers of earthquakes in a year? Edit: sorry I thought you were replying to another comment.