Alternatively, what single concept from statistics would most improve people's interpretations of popular news and daily life events?
My question was about the probability of rain, not about what you would be willing to bet on. Besides, who's that "me", a perfect rational Homo Economicus or a real person? Offering bets to an idealized concept seems like an iffy idea :-)
Alternatively, what single concept from statistics would most improve people's interpretations of popular news and daily life events?