I haven’t had time to read up about Beta distributions and play with the tool you linked, but I just wanted to say that I really appreciate the thorough explanation! I’m really happy that posting about statistics on LessWrong has the predictable consequence of learning more statistics from the commenters :)
I haven’t had time to read up about Beta distributions and play with the tool you linked, but I just wanted to say that I really appreciate the thorough explanation! I’m really happy that posting about statistics on LessWrong has the predictable consequence of learning more statistics from the commenters :)