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How do those confidence levels work? It looks to me you're just assigning probabilities to outcomes.
by fnqi8ckfek 2y ago
How do those confidence levels work? It looks to me you're just assigning probabilities to outcomes.
- yunwal 2y agoI think it's roughly: "I would bet 9$ to your $1 that this happens", although some of these are vague enough that you couldn't objectively determine whether the bet materialized.
- fnqi8ckfek 2y agoSo they aren't confidence levels. They're odds, but he's trying to sound sophisticated.