You're looking at Less Wrong's discussion board. This includes all posts, including those that haven't been promoted to the front page yet. For more information, see About Less Wrong.

mwengler comments on XKCD - Frequentist vs. Bayesians - Less Wrong Discussion

18 Post author: brilee 09 November 2012 05:25AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (89)

You are viewing a single comment's thread. Show more comments above.

Comment author: mwengler 10 November 2012 12:00:11AM 12 points [-]

Because the stupider the prediction is that somebody is making, the harder it is to get them to put their money where their mouth is. The Bayesian is hoping that $50 is a price the other guy is willing to pay to signal his affiliation with the other non-Bayesians.