Saying you didn’t provide enough information for a probability estimate deserves downvotes because it misses the point. You can give probability estimates based on any information that’s presented. The probability estimate will be better with more information but it’s still possible to do an estimate with low information.
Saying you didn’t provide enough information for a probability estimate deserves downvotes because it misses the point. You can give probability estimates based on any information that’s presented. The probability estimate will be better with more information but it’s still possible to do an estimate with low information.
Using a Value of Information calculation would be best, especially if tied to proposed experiments.