ChristianKl comments on Open thread for January 1-7, 2014 - Less Wrong Discussion
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I think there are plenty of cases where I can give you a intuitive answer that won't change from 0.01 to 0.00001 depending on what I ate for lunch.
The chance that I die in the next year is higher than 0.00001 but lower than 0.01.
If you don't have an intuition that allows you to do so, I think it's because you don't have enough exposure to people making distinctions between 0.01 and 0.00001.