Kindly comments on Open Thread, October 16-31, 2012 - Less Wrong

5 Post author: OpenThreadGuy 16 October 2012 10:43PM

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Comment author: Kindly 18 October 2012 12:00:37AM 0 points [-]

90% might not be the best number for demonstrating the idea of a confidence interval. It's too close to 100%. There's not much room to be underconfident. What about 50% confidence intervals?

Comment author: Morendil 18 October 2012 06:13:59AM *  1 point [-]

Have you tried it? I have, and I can tell you most people I tried it on are over-confident when asked for 90% intervals.