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Yeah, this is mathematical application of bayesian analysis, which is a completely valid and proven way to do analysis of actual data. I'm talking more to the
by diminoten 13y ago
Yeah, this is mathematical application of bayesian analysis, which is a completely valid and proven way to do analysis of actual data.
I'm talking more to the folks over on LW who say things such as, "It's 17% likely that my actions will cause harm, so I'll act./won't act."
- yummyfajitas 13y agoWell, to explain the phrase "My results are generally very robust to choice of prior parameters"?, just look at my section on what happens if you pick different priors. In the example I give, the startup guy and the VC choose different priors but the posteriors are nearly identical. I believe that's what RA_Fisher was describing. That exact situation happened to me and my cofounder a few days ago. I'll be blogging it soon.