Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

So, for a 50% confidence interval, you could look at the first word -- if it is a typo, boom, done. Otherwise, flip a coin.

This stinks. Estimating is about approximating an answer with low information -- it's about efficiency of using data, not _only_ doing better than guessing.



Sorry, I meant once you've examined n trials, what is your 50% confidence interval about the odds for a single trial? I think it would be 1/n.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: