jbay comments on A note about calibration of confidence - Less Wrong

12 Post author: jbay 04 January 2016 06:57AM

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Comment author: entirelyuseless 06 January 2016 04:01:00PM 0 points [-]

Lotteries frequently have secondary prizes. I have never bought a lottery ticket, but once I won $50 with a lottery ticket that someone else bought for me (which I did not ask for). If you include results like this as a win, your probability of under one in a billion of such a win may be overconfident.

Comment author: jbay 07 January 2016 01:28:52AM 0 points [-]

Agreed.