How would you ever know what the butterfly probability of something is, such that it would make sense to refer to it? In what context is it useful?
“My probability is 30%, and I’m 50% sure that the butterfly probability is between 20% and 40%” carries useful information, for example. It tells people how confident I am in my probability.
How would you ever know what the butterfly probability of something is, such that it would make sense to refer to it? In what context is it useful?
“My probability is 30%, and I’m 50% sure that the butterfly probability is between 20% and 40%” carries useful information, for example. It tells people how confident I am in my probability.