Is a .001% chance of making a difference still a chance of making a difference? Is a seven-sigma chance still a chance?
All of them are obviously still chances. I never said that a very small probability wasn’t a chance. I said that it might rationally be treated in a different manner than larger chances due to risk-aversion.
Is a .001% chance of making a difference still a chance of making a difference? Is a seven-sigma chance still a chance?
All of them are obviously still chances. I never said that a very small probability wasn’t a chance. I said that it might rationally be treated in a different manner than larger chances due to risk-aversion.