Neglecting all of the hypotheses which would result in the mirrored observation which do not involve the coin being two tailed. The mistake in your question is the “the”. The final overconfidence is the least of the mistakes in the story.
Mistakes more relevant to practical empiricism: Treating “>= 95%” as “= 95%” is a reasoning error, resulting in overtly wrong beliefs. Choosing to abandon all information apart from the single boolean is a (less serious) efficiency error. Listeners can still be subjectively-objectively ‘correct’, but they will be less informed.
Hence my question in another thread: Was that “exactly 95% confidence” or “at least 95% confidence”? However when researchers say “at a 95% confidence level” they typically mean “p < 0.05″, and reporting the actual p-values is often even explicitly discouraged (let’s not digress into whether it is justified).
Yet the mistake I had in mind (as opposed to other, less relevant, merely “a” mistakes) involves Type I and Type II error rates. Just because you are 95% (or more) confident of not making one type of error doesn’t guarantee you an automatic 5% chance of getting the other.
Neglecting all of the hypotheses which would result in the mirrored observation which do not involve the coin being two tailed. The mistake in your question is the “the”. The final overconfidence is the least of the mistakes in the story.
Mistakes more relevant to practical empiricism: Treating “>= 95%” as “= 95%” is a reasoning error, resulting in overtly wrong beliefs. Choosing to abandon all information apart from the single boolean is a (less serious) efficiency error. Listeners can still be subjectively-objectively ‘correct’, but they will be less informed.
Hence my question in another thread: Was that “exactly 95% confidence” or “at least 95% confidence”? However when researchers say “at a 95% confidence level” they typically mean “p < 0.05″, and reporting the actual p-values is often even explicitly discouraged (let’s not digress into whether it is justified).
Yet the mistake I had in mind (as opposed to other, less relevant, merely “a” mistakes) involves Type I and Type II error rates. Just because you are 95% (or more) confident of not making one type of error doesn’t guarantee you an automatic 5% chance of getting the other.