In this case, the percent error is 8.1% and the absolute error is 8%. If one student gets 91% on a test and another gets 99% they both get an A so the difference doesn’t seem large to me.
The article linked seems to be missing. Can you explain your point in more detail?
OK. Let’s make it even more extreme. Suppose you take a commercial flight. The likelihood of dying in a crash is on the order of 1 in 10 million. From a percent error or absolute error perspective, 99.99999% isn’t that different from 99% but that is the difference between one plane crash per year globally and a couple of dozen plane crashes per hour on average. These are wildly different in terms of acceptable safety.
In this case, the percent error is 8.1% and the absolute error is 8%. If one student gets 91% on a test and another gets 99% they both get an A so the difference doesn’t seem large to me.
The article linked seems to be missing. Can you explain your point in more detail?
OK. Let’s make it even more extreme. Suppose you take a commercial flight. The likelihood of dying in a crash is on the order of 1 in 10 million. From a percent error or absolute error perspective, 99.99999% isn’t that different from 99% but that is the difference between one plane crash per year globally and a couple of dozen plane crashes per hour on average. These are wildly different in terms of acceptable safety.
There’s a backup link in the comments: https://www.thejach.com/public/log-probability.pdf