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Kevin Butler's avatar

The point of averages is extremely important. I always hear from kids (and also some adults) that "so-and-so billionaire dropped out of college and look how successful they are!" Yeah, and some daily smokers live to be 100 years old. The point is that they are one in a billion in their luck. Though I will say, I got a good laugh about it once -- one time I explained this whole life expectancy thing to my senior students (12th grade), and a kid said "don't you have a master's degree?" "Yes," I said. "Well but...what if you walk outside right now and get hit by a bus?" With an n=1, I guess that would mean that having a master's degree makes bus-death more likely...

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Gilbert Haisman's avatar

Good points, Greg. We need a sensible jargon for times when heaps of correlations point the same way. A common term is 'strong inference' which can imply the judgement of 'provisionally correct.' I suspect that would be a red rag to some bulls. My suggestion is 'PLAUSIBLE INFERENCE' Should anyone tut-tut about that term, then a suitable response might to ask them for empirical evidence that points to weak inference, or none.

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