Author: Frank Phillips
Date: 10:08:38 01/27/02
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On January 27, 2002 at 10:42:59, Sune Fischer wrote: >On January 27, 2002 at 09:01:04, Frank Phillips wrote: > >> >>Yes, if we have to choose in the absence of any other data then I suggest it is >>the best working hypothesis we have available. Obviously we might subsequently >>be proven wrong - or right; and the bigger the data set the more right we are >>likely to be. > >I you flip a coin 10 times and it turns out to be 3 heads and 7 tails, does that >mean you expect the same result in the next 10 tosses or du you conclude more >tests are needed? > >-S. Of course not, because I know that in a fair coin I would expect 50-50 on average and know that 10-0 could occur. But if I had a choice of another to coin to toss (for my life say) that I knew was fair I would chose that, based on the information available.
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