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1. ipsin+(OP)[view] [source] 2022-05-22 04:46:28
Re: "The error bars are not infinite."

I feel like they are infinite? Because, for example, in hyperinflation, there's no upper bound on how long someone is going to keep printing money.

Any given instance will stop at a finite number, but you can't bank of that being the high water mark.

replies(2): >>jmopp+i5 >>regula+89
2. jmopp+i5[view] [source] 2022-05-22 06:00:57
>>ipsin+(OP)
Of course that can happen. But it's a low-risk event that falls outside the, say, 99% confidence interval.

It's like the notion of a 100-year flood. Of course there could be a tsunami or a dam failure that completely inundates an entire city, but at some point you've got to accept a small risk and ensure you are covered for it.

3. regula+89[view] [source] 2022-05-22 06:45:18
>>ipsin+(OP)
Error bars aren't limits, they're percentiles.
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