3min chapter

80,000 Hours Podcast cover image

#39 - Spencer Greenberg on the scientific approach to solving difficult everyday questions

80,000 Hours Podcast

CHAPTER

Do You Work With Odds or Percentage?

So you've got your original probability of the claim being true, and then you multiply it by the probability of seeing the data if it is true. That's kind of odds ratioit how much more likely something is than something else. You start with certain odds, and you're justing your odds as you get evidence. And then you can convert that back to a probability if you like. It's much nicer using odds when you're doing basn up dating,. Like when you'r trying to figure out the strength of evidence. The formula works out really nicely. It's simple multiplication.

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