3 ms·
I get the point you are making, but confidence intervals are completely the wrong solution. They do NOT mean what you probably think they mean (where "you" is a
by yummyfajitas 13y ago
I get the point you are making, but confidence intervals are completely the wrong solution. They do NOT mean what you probably think they mean (where "you" is a generalized "you the reader").
http://www.ejwagenmakers.com/inpress/HoekstraEtAlPBR.pdf http://www.ejwagenmakers.com/inpress/HoekstraEtAlPBR.pdf
Credible intervals are probably what you want. A lot of the time people misunderstand confidence intervals and treat them like credible intervals.
http://en.wikipedia.org/wiki/Credible_interval http://en.wikipedia.org/wiki/Credible_interval