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Probability.... Need I say more?!
(literature.cafe)
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this post was submitted on 29 Dec 2023
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I understand some of these words
Brb, gotta go eat a crayon
There's various technicalities of how and where Beyesian statistics apply to the world but I really interpreted it as meaning "if the world is ending then it doesn't matter and if not then I'm up $50". The Beyesian is just ruthlessly practical.
That is definitely not the joke. The joke is that the frequentist approach gives you a clearly nonsensical conclusion, because the prior probability of the sun exploding is extremely small.