I think I have been trying to portray the point-estimate/interval-estimate trade-off as a difficult decision, but probably interval estimates are the obvious choice in most cases.
So I’ve re-done the “Should we always use interval estimates?” section to be less about pros/cons and more about exploring the importance of communicating uncertainty in your results. I have used the Ord example you mentioned.
Thanks again!
I think I have been trying to portray the point-estimate/interval-estimate trade-off as a difficult decision, but probably interval estimates are the obvious choice in most cases.
So I’ve re-done the “Should we always use interval estimates?” section to be less about pros/cons and more about exploring the importance of communicating uncertainty in your results. I have used the Ord example you mentioned.
Makes sense, thanks!