vault backup: 2026-03-30 22:54:00
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@@ -301,36 +301,36 @@ and the probability that their answer would be within 10% of the true value.
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> * Population in the U.S.
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> * Proportion of population that immigrated to U.S.
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> * Percentage of U.S immigrants from Argentina
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>
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>
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> ##### Circulation of TV Guide
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>
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> * Households in the U.S.
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> * Proportion of households with a TV
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> * Proportion of households with a TV receiving TV Guide
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>
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>
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> ##### Circumference of 50¢ coin
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>
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> * Diameter in inches of a 50¢ coin
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> * Number of pieces of string the length of the diameter needed to wrap around circumference
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>
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>
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> ##### Bushels of wheat
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>
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> * Population of the world
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> * Number of bushels of wheat consumed per person per year
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> * Proportion of wheat wasted per year
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>
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>
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> ##### Bank failures in 1933
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>
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> * Current population of the U.S.
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> * Population of U.S. in 1933 as a proportion of current population
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> * Number of customers for a typical bank
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> * Proportion of banks failed in 1933
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>
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>
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> ##### U.S. presidents
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>
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> * Number of years U.S. has had presidents
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> * Number of years the average president holds office
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>
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>
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> ##### Men's pants
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>
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> * Number of men in the U.S.
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@@ -338,20 +338,20 @@ and the probability that their answer would be within 10% of the true value.
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> * Number of women in the U.S.
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> * Number of pairs of men's pants the average woman buys each year
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> * Proportion of men's pants manufactured in the U.S. that are sold to U.S. customers
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>
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>
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> ##### Athletic shoes
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>
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> * Population of the U.S.
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> * Proportion of the population that wears athletic shoes
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> * Pairs of athletic shoes each wearer buys per year
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> * Proportion of athletic shoes manufactured in U.S. that are sold to U.S. customers
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>
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>
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> ##### Auto accidents
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>
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> * Number of people in the U.S. of driving age
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> * Proportion of people of driving age who drive
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> * Number of accidents the average driver has per year
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>
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>
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> ##### Area of U.S.
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>
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> * Distance in miles from San Francisco, CA to Washington, D.C.
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@@ -557,7 +557,7 @@ In practical problems, of course, one could simply use the actual value.
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In their study of decomposition, Henrion et al. (1993) gave the U.S. population value to the subjects.
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> ##### Fig. 1. Calibration of probability assessments that estimated answer is within 10% of true answer.
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>
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>
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> %% ![[figure_1.jpeg]] %%
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The issue of 'how extreme is extreme' has not been resolved.
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