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buybuydandavis comments on Advice to new Doctors starting practice - Less Wrong Discussion

1 Post author: anandjeyahar 07 August 2016 08:27AM

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Comment author: buybuydandavis 07 August 2016 11:03:44PM *  1 point [-]

Know the probabilities of fatal and adverse side-effects and update them with evidence(Bayes' theorem mentioned above)

Update on all relevant evidence, even if you don't have empirical data.

I would add:
Make decisions based on cost/benefit analysis, not simply probabilities. For example, low probability treatments can make perfect sense to try if they are low risk, low cost.

Know that the failure to reject a null hypothesis is not proof of the null hypothesis. It does not establish the null hypothesis. A failure to reject is simply an epistemological failure.

Comment author: anandjeyahar 08 August 2016 06:02:14AM 0 points [-]

Thanks that's clearer.. will update...