novalis comments on Why We Can't Take Expected Value Estimates Literally (Even When They're Unbiased) - 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 (249)
I think I specifically said that variance matters. I'll also say that your application matters -- when choosing beers, I would be OK with p much worse than 0.05 since I can afford to order another beer. When choosing charities, it is a harder question.