Ronald Bloom wrote:
>
> Jerry Dallal <[EMAIL PROTECTED]> wrote:
> > John Jackson wrote:
> >>
> >> this is the second time I have seen this word used: "frequentist"?
>
> > Since Radford Neal has already given an excellent explanation,
> > let me add...
>
> > A roulette wheel comes up with a red number 10 times in a row. When
> > deciding how to place his/her next bet...
>
> > The person on the street bets black, "Because it's got to come up
> > eventually."
>
> > The frequentist doesn't care, "Because red and black occur at random
> > with equal chances and past history doesn't matter."
>
> > The Bayesian bets red, "Because there's something strange going on
> > here!"
>
> *I'd* bet The person on the street *also* bets red, "Because it
> looks like there's something strange going on!"
10? Did I type 10? The "10" key is soooo close to the "5" key. I
meant "5". Sorry for the confusion! :-)
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