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AlexSchell comments on Should we go all in on existential risk? - Considering Effective Altruism - Less Wrong Discussion

4 Post author: Capla 10 November 2014 11:23PM

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Comment author: AlexSchell 16 November 2014 01:07:10AM 0 points [-]

You don't imagine that when someone, say, characterizes a financial asset as having the expected return of 5% with 20% volatility, these probabilities are precise, do you?

Those are not even probabilities at all.

Comment author: Lumifer 16 November 2014 07:57:32PM 0 points [-]

Such an expression usually implies a normal probability distribution with the given mean and standard deviation. How do you understand probabilities as applied to continuous variables?