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    Joan Westenberg (daojoan@mastodon.social)'s status on Tuesday, 12-Nov-2024 05:21:03 JSTJoan WestenbergJoan Westenberg

    Stock markets, elections, or policy decisions: sometimes belief and intuition are as important as data. Non-frequentist probability shows why adaptive thinking wins in an uncertain world.

    https://www.joanwestenberg.com/why-non-frequentist-probabilities-are-gaining-ground/

    In conversationabout 13 days ago from mastodon.socialpermalink

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      Why ‘Non-Frequentist Probabilities’ Are Gaining Ground
      Probabilities are the skeleton key for every decision worth sweating over, from medicine to finance, guiding “experts” as they stumble through outcomes and uncertainties like drunks in a minefield. For centuries, the frequentist cult has ruled, insisting probability is nothing more than the long-term frequency of an event, like a
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