Comment by bobbylarrybobby
5 days ago
I think the proper way to compare probabilities/proportions is by odds ratios. 99:1 vs 99999:1. (So a little more than 1000x.) This also lets you talk about “doubling likelihood”, where twice as likely as 1/2=1:1 is 2:1=2/3, and twice as likely again is 4:1=4/5.
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