Technologos comments on The Prediction Hierarchy - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (37)
Why, when you consider the case where you calculated the odds of winning the lottery incorrectly, do you increase rather than decrease the odds?
In any case, with a lottery, you do know the odds of winning; they're stated on the ticket.
Agreed--the trick is that being wrong "only once" is deceptive. I may be wrong more than once on a one-in-forty-million chance. But I may also be wrong zero times in 100 million tries, on a problem as frequent and well-understood as the lottery, and I'm hesitant to say that any reading problems I may have would bias the test toward more lucrative mistakes.