▲ | pests 4 days ago | |||||||
> People are default overconfident with their estimated error bars. You say this but yet roughly in a top level comment mentions people keep their error bars too close. | ||||||||
▲ | kqr 3 days ago | parent | next [-] | |||||||
Sorry, my comment was phrased confusingly. Being overconfident with error bars means placing them too close to the point estimation, i.e. the error bars are too narrow. | ||||||||
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▲ | bigfudge 4 days ago | parent | prev [-] | |||||||
They are meaning the same thing. The original comment pointed out that people’s qualitative description and mental model of the 95% interval means they are overconfident… they think 95 means ‘pretty sure I’m right’ rather than ‘it would be surprising to be wrong’ |