Credible intervals do not make worst case guarantees, but average case guarantees (given your prior). There is nothing wrong with confidence intervals as a worst case guarantee technique. To grandparent: I wouldn’t take statistical methodology advice from lesswrong. If you really need such advice, ask a smart frequentist and a smart bayesian.
Credible intervals do not make worst case guarantees, but average case guarantees (given your prior). There is nothing wrong with confidence intervals as a worst case guarantee technique. To grandparent: I wouldn’t take statistical methodology advice from lesswrong. If you really need such advice, ask a smart frequentist and a smart bayesian.